Suppose a stock decreases 10% in year one and increases by 10% in year two. The stock does not pay any dividends. Is the stock’s final value more than, equal to, or less than its initial value?
Suppose someone is paid $20,000 in the year 2000 and each year afterwards is given a pay rise of 10% of the previous year's salary. In what year would they be paid $100,000
If the price of CNG increases by 12.5%, find how much per cent its consumption be reduced so as not to increase the expenditure.
A sum increases by 48% in 6 years at certain rate of simple interest per annum, then how many years are required to approximately double the amount at the same annual rate of compound interest?
