SOLUTION: The price of a share of stock fell 5% on Monday. Then, rose 20% on to Tuesday to $228. What was the price of the share of stock before trading began on Monday?

Question 981143: The price of a share of stock fell 5% on Monday. Then, rose 20% on to Tuesday to $228. What was the price of the share of stock before trading began on Monday?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
S - price on Sunday night
M - price on Monday night
T - price on Tuesday night

So,

and

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