Question

You purchased a stock on Monday for $24 per share. 1. On Tuesday, the stock price was $36 per share. What was the percent increase? 2. On Wednesday, the stock price had a percent decrease of 50%. What was the new stock price?

Answer 1

#1

36 - 24 = 12

12/24x100 = 50%

It was increased 50%

#2

Tuesday stock price was $36, decrease 50%

New price would be 36/2 = $18