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Question: The share price of a bank decreased by 5% on the 15th of November, but increased by 10% of the next day. What was the overall rate of loss or gain?
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Question: The share price of a bank decreased by 5% on the 15th of November, but increased by 10% of the next day. What was the overall rate of loss or gain?
Question 1: The share price of a bank decreased by 5% on the 15th of November, but increased by 10% of the next day. What was the overall rate of loss or gain?
View topic: শতকরা ও লাভ-ক্ষতি (Percentage and Profit and loss)
0.025
5% gain
2.5% gain
4.58% gain
Source: Premier Bank Ltd - Senior Officer - 18.11.2011
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Answer: 4.58% gain
Explanation:
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