document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1181716>Question 1181716</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A man owns stock valued at $2000. One day the stock drops by 7% and then gains the same percentage back the next day. How much money is the stock valued at the end of the second day? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #811612 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=811612\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A man owns stock valued at $2000. One day the stock drops by 7% and then gains the same percentage back the next day. How much money is the stock valued at the end of the second day?\r<BR>\n" );
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document.write( "A man owns stock valued at $2000.<BR>\n" );
document.write( "drops by 7% <BR>\n" );
document.write( "value = 2000-7%*2000<BR>\n" );
document.write( "=2000-140 = 1860\r<BR>\n" );
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document.write( "On 1860 it increases by 7%\r<BR>\n" );
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document.write( "Value next day = 1860 +7% *1860\r<BR>\n" );
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document.write( "=1860+130.20 =1980.20\r<BR>\n" );
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document.write( "the stock valued at $1980.20\r<BR>\n" );
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document.write( " </SPAN>\n" );
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