4gmatmumbai wrote:
Hi,
Stmt 1:
Let the closing stock price of both A and B (in 2001) be Rs100.
Case 1:
Let the closing stock price of B at the end of 2002 be Rs 200. Then, A is Rs 216.
Price increase of stock A = Rs 116
Price increase of stock B = Rs 100
% by which price increase in stock A is greater than that in stock B =
((116 - 100) / 100) * 100 =16%
Case 2:
Let the closing stock price of B at the end of 2002 be Rs 300. Then, A is Rs 324.
Price increase of stock A = Rs 224
Price increase of stock
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