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Answer to Q169

Alex pays A for rent and then it was increased by 50%. The new rent was also increased by another 50%. What is the percentage increase of the old rent A to Alex current rent?

Let us assume the initial rent is $100.

then it was increased by 50%: 50% of $100 = $50
So new rent is 100 + 50 = $150

The new rent was also increased by another 50%: 50% of $150 = $75
Current rent = 150 + 75 = $225

What is the percentage increase of the old rent A to Alex current rent: = (difference between current rent and old rent) ÷ old rent
= ((225-100) ÷ 100) x 100%
= (125 ÷ 100) x 100%
= 125%

Answer: 125%



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Answer to Q169

Alex pays A for rent and then it was increased by 50%. The new rent was also increased by another 50%. What is the percentage increase of the old rent A to Alex current rent?

Let us assume the initial rent is $100.

then it was increased by 50%: 50% of $100 = $50
So new rent is 100 + 50 = $150

The new rent was also increased by another 50%: 50% of $150 = $75
Current rent = 150 + 75 = $225

What is the percentage increase of the old rent A to Alex current rent: = (difference between current rent and old rent) ÷ old rent
= ((225-100) ÷ 100) x 100%
= (125 ÷ 100) x 100%
= 125%

Answer: 125%

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At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?

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