GRE

简答题 From 2007 to 2008,a stock increased in value by 30%.From 2008 to 2009, that stock decreased in value by 10%.What was the overall percentage change of the stock’s value from 2007 to 2009


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C.If you suppose that the stock started with a value of$100,an increase of 30% would bring it up to$130.Ten percent of 130 is 13,so a 10%drop in that value would take it down to$117.Thus the overall change would be an increase of 17%.