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%
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%
BY Riddles Repository - Answers
Warning: Undefined variable $i in /var/www/tg-me/post.php on line 283
Tata Power whose core business is to generate, transmit and distribute electricity has made no money to investors in the last one decade. That is a big blunder considering it is one of the largest power generation companies in the country. One of the reasons is the company's huge debt levels which stood at ₹43,559 crore at the end of March 2021 compared to the company’s market capitalisation of ₹44,447 crore.
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?