The share price of a bank reduced by 5% on January 16th , but increased by 10% the next day. what was the overall rate of loss or gain?

Created: 6 years ago | Updated: 4 years ago

Updated: 4 years ago

2% loss

4.5% loss

no loss, no gain

4.5% gain

2% gain

AB Bank Ltd AB Bank Ltd - Management Trainee Officer - 06.05.2011 গণিত শতকরা (Percentage)

ব্যাখ্যা

320

Best Ans:

 $L e t, p r i c e o f t h e s h a r e T k . 100 A f t e r 5 % r e d u c e p r i c e b e c o m e T k . (100 - 5) = T k . 95 A g a i n, 10 % i n c r e a s e d s h a r e p r i c e b e c o m e = 95 + \frac{10}{100} \times 95 = T k . 104.5 ∴ G a i n = (104.5 - 100) = T k . 4.5 ∴ T h e r a t e o f g a i n = \frac{4.5}{100} \times 100 % = 4.5 %$