medium · GMAT Quant
A stock starts at $100. In the first year its price decreases by 20%, and in the second year its price increases by 20%.
What is the price at the end of the second year?
- $104.00
- $96.00
- $100.00
- $80.00
- $120.00
Sign up free to see the explanation and track your rank →
More GMAT Quant practice
- Including both endpoints, how many distinct integer price points are in this range?
- Which of the following expressions must result in a positive value?
- Which property of arithmetic justifies that first step?
- Which of the following must also be an even integer?
- Which of the following inequalities correctly represents this range?
- Which of the following includes the number 0?
- How many unique meal combinations can a customer create?
- What is the probability that the lightbulb is functional?