Homework Answers
Let the original price be x
The stock falls by 16.4% i.e. 0.164x
Thus, new reduced price = x - 0.164x = 0.836x
Now to get back to original price
New price should be
x/0.836x = 1.1962x
Thus , change = 1.1962x - x = 0.1962x
Or 19.62%
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