Answered

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Mateo’s aunt bought a share of stock many years ago.

The value of the stock increased by 80%.

Its value is now $270.

What was the value of the stock when Mateo’s aunt bought it?

Sagot :

AyaanR
180% = $270
60% = $90
10% = $15
100% = $150

Original price = $150
I will simplify the question.

The stock has increased 80% hence it is now worth 180%.

Find the original 100%.


First find 1% (Divide by 180)
$270/180 = $1.50

Now find 100% (Multiply by 100)
$1.50 X 100 = $150

The answer is $150

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