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The price per share of Stock \(X\) increased by \(10\) percent over the same time period that the price per share of

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by M7MBA » Thu Nov 18, 2021 11:15 am

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The price per share of Stock \(X\) increased by \(10\) percent over the same time period that the price per share of Stock \(Y\) decreased by \(10\) percent. The reduced price per share of Stock \(Y\) was what percent of the original price per share of Stock \(X?\)

(1) The increased price per share of Stock \(X\) was equal to the original price per share of Stock \(Y.\)
(2) The increase in the price per share of Stock \(X\) was \(\dfrac{10}{11}\) the decrease in the price per share of Stock \(Y.\)

Answer: D

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