document.write( "Question 439374: Consider the following statement: Your stock portifolio dropped 25% last year, but rose 25% this year. Did you break even? Why or why not? \n" ); document.write( "
Algebra.Com's Answer #303643 by MathLover1(20855)\"\" \"About 
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\n" ); document.write( "No,you didn't break even. \r
\n" ); document.write( "\n" ); document.write( "Let x = the value of the portfolio before the drop was \"100\"%\r
\n" ); document.write( "\n" ); document.write( "after the drop was \"75\"%\r
\n" ); document.write( "\n" ); document.write( "Then after the increase the value of the portfolio is \"0.75%2A1.25x+=+0.9375x=93.75x\", \r
\n" ); document.write( "\n" ); document.write( "\"100-93.75=6.25\"%\r
\n" ); document.write( "\n" ); document.write( "which is still at a loss of \"6.25\"%.
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