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23 June, 14:20

During the first year, ABC's stock price starts at $ / $100 $ and increases $ 100/% $. During the second year, its stock price goes down $ 25/% $ from its price at the end of the first year. What is the price of the stock, in dollars, at the end of the second year?

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  1. 23 June, 14:30
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    Step-by-step explanation:

    During the first year, ABC's stock price starts at $100 and increases by 100%. This means that the amount by which the stock increased would be

    100/100 * 100 = $100

    The new price of the stock would be 100 + 100 = $200

    During the second year, its stock price goes down 25% from its price at the end of the first year. This means that the amount by which the stock reduced is

    25/100 * 200 = 0.25 * 200 = $50

    Therefore, the price of the stock, in dollars, at the end of the second year is

    200 - 50 = $150
  2. 23 June, 14:37
    0
    150

    Step-by-step explanation:

    In the first year, the price doubles. This happens because 100% of 100 is 100, so 100+100 is 200, which is also 100 multiplied by 2. 25/100 which is 25%, multiplied by 200, is 50. So the answer is 200-50 which equals 150.
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