Question

The changes in the price of a stock from one year to the next year for three consecutive years were a 20% increase, a 25% decrease, and a 60% increase. What amount was the increase in the price of the stock over the three years? A) 38% B) 44% C) 47% D) 55%

Answer 1

44%. Call the standard year is x, after 3 years: x*1,2*0,75*1,6=1,44x

Answer 2

The correct option is B. 44%.

Given that,

• The changes in the price of a stock from one year to the next year for three consecutive years were a 20% increase, a 25% decrease, and a 60% increase.

Based on the above information, the calculation is as follows:

20% Increase = 1.2

25% decrease = (1-.25) = .75

60% increase = 1.6

Now

$= 1.2 \times .75 \times 1.6$

= 1.44.

Learn more: brainly.com/question/17429689