Question

The stock price for BJM was $81.65 in March. In April the stock had increased by 8%, but in May the price fell by 8%. What was the price of BJM stock in May? Round your answer to the nearest cent, if necessary.

Answer 1

Answer: It's $81.65

Explanation:

Because it climbed and fell over the course of two months, the price would be the same in March, which is why it's 81.65.