A share of stock worth 100 dollars loses 90% of its value. Then, over the next year, the value of the stock increases by 90%. What is the new value of the stock?


The new value of the stock is 99 dollars. This is because the stock originally started off at 100 dollars. After losing 90% of its value, the stock would only be worth 10 dollars. When the value then increases by 90%, the value of the stock becomes 99 dollars (10 dollars plus 90% of 10 dollars = 99 dollars).

Answered by Joshua

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