Posted by **Ida T.** on Saturday, September 18, 2010 at 10:29pm.

A share of stock sold for $50 on Monday. On Tuesday it lost 5% of its Monday’s value. On Wednesday it lost 10% of its Tuesday’s value. On Thursday it lost 5% of its Wednesday’s value. What percent increase would the share of stock have to have on Friday to achieve its Monday’s value of $50?

- Math 156 -
**Ms. Sue**, Saturday, September 18, 2010 at 11:13pm
50 * .05 = 2.50

50 - 2.50 = 47.50

47.50 * 0.1 = 4.75

47.50 - 4.75 = 42.75

42.75 * 0.05 = 2.14

42.75 - 2.14 = 40.61

50 - 40.61 = 9.39

9.39/40.61 = 0.2312 = 23.1%

Check my figures.

- Math 156 -
**Henry**, Sunday, September 19, 2010 at 2:46am
My answer was 23.1 % also.

## Answer this Question

## Related Questions

- math - A stock that sold for $240 per share before a week began had the ...
- Math - How many hours did Judy work on Monday,Tuesday,and Wednesday? Monday=...
- gen - this is my schedule I made up.. What does everyone thing? I do take breaks...
- Math - Zach had to make bracelets for Student Council. He made 10 of them on ...
- MATH - 1: The table shows the low outside temperatures for Monday, Tuesday, and ...
- MATH - 1: The table shows the low outside temperatures for Monday, Tuesday, and ...
- Math - George walks 3 km on Monday and 4 km of Tuesday and 2.5 km on Thursday . ...
- math - Posted by connie on Monday, July 20, 2009 at 11:56pm. Find the indicated ...
- math - a shopkeeper sold a total of 15 boxes of pencils on monday and tuesday. ...
- Science - George walks 3 km on Monday and 4 km of Tuesday and 2.5 km on Thursday...