Question

You purchased $100 each of three different stocks in January. Stock A increased 30% in value. Stock B increased 15% in value. Stock C lost 20% of its original value. What was the overall net percentage of gain in the three stocks? (Round to the nearest percent.)

Answer 1

Answer:

8%

Explanation:

130+115+80= 325

put 325/300, then subtract 1, then multiply by 100

this gives you 8.3 repeating, so you just round down to 8 percent.

Answer 2

Answer:

8%

Explanation:

I am doing the test right now and got it correcet