Free Practice Question
PS · Problem Solving
sub-505
Percentages
During a two-week period, the price of an ounce of silver increased by 25 percent by the end of the first week and then decreased by 20 percent of this new price by the end of the second week. If the price of silver was x dollars per ounce at the beginning of the two-week period, what was the price, in dollars per ounce, by the end of the period?
Answer Choices
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0.8x
B
0.95x
C
x
D
1.05x
E
1.25x
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Explanation
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Difficulty
sub-505
Type
PS
Category