A stock's value decreased by 20%. To the nearest integer, how much must its value increase to return to what it was before it decreased?
Question
A stock's value decreased by 20%. To the nearest integer, how much must its value increase to return to what it was before it decreased?
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Solution 1
To find out how much the stock's value must increase to return to its original value, we can follow these steps:
- Calculate the amount of the decrease: Multiply the original value of the stock by 20% (or 0.20) to find the decrease amount.
- Subtract the decrease amount from the original value to Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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