Peter 28

Peter bought shares of a foreign company for a total of €3,000. Today their value is 50% lower. By how much percent must the price of these shares increase from today for their total value to return to the original €3,000?

Correct answer:

p2 =  100 %

Step-by-step explanation:

a=3000 eur r1=100%50%=110050=0.5  b=a r1=3000 0.5=1500 eur  b r2 = a  r2=a/b=3000/1500=2  p2=100 (r21)=100 (21)=100%



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