A stock falls 20 percent. What percentage gain does it need to return to its original price?
- A. 20 percent
- B. 25 percentCorrect
- C. 22 percent
- D. 40 percent
Takeaway. Percentage losses and gains are asymmetric because the base changes.
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A stock falls 20 percent. What percentage gain does it need to return to its original price?
Takeaway. Percentage losses and gains are asymmetric because the base changes.
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