document.write( "Question 33005: on 1/5 a stock loses 25% of it's previous days value the next day 1/6 it gains 25% of the previous days value if the stock is worth 2500 on 1/6 what was it worth on 1/4? \n" ); document.write( "
Algebra.Com's Answer #19452 by xcentaur(357) ![]() You can put this solution on YOUR website! let the value of the stock be 'x' \n" ); document.write( "Now on 1/5 it loses 25% \n" ); document.write( "So now the stock is worth 75% of x = (75/100)*x = (3x/4) \n" ); document.write( "Now on 1/6 the stock gains 25% of its value on 1/5 \n" ); document.write( "So now the stock is worth 125% of its value before \n" ); document.write( "So now it is = 125% of (3x/4) \n" ); document.write( "=(125/100)*(3x/4) \n" ); document.write( "=(5/4)*(3/4)*x \n" ); document.write( "This equals 2500 as given \n" ); document.write( "Therefore, \n" ); document.write( "2500 =(5/4)*(3/4)*x \n" ); document.write( "x=(2500*4*4)/(5*3) \n" ); document.write( "x=40000/15=2666.67 \n" ); document.write( "
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