Question
The value of a stock increased by 25% in the first
quarter of the year. In the second quarter, it decreased by 10% from its value at the end of the first quarter. If the stock's value at the end of the second quarter is Rs 225, what was its original value?Solution
Let the original value of stock = 100x Value of stock after first quarter = 125x Value of stock after second quarter = 90% of 125x = 112.5x 112.5x = 225 x = 2 original value of stock = 100x = 200
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