During the first year, ABC's stock price starts at $ \$100 $ and increases $ 100\% $. During the second year, its stock price goes down $ 25\% $ from its price at the end of the first year. What is the price of the stock, in dollars, at the end of the second year?

Step-by-step explanation:

During the first year, ABC's stock price starts at $100 and increases by 100%. This means that the amount by which the stock increased would be

100/100 × 100 = $100

The new price of the stock would be 100 + 100 = $200

During the second year, its stock price goes down 25% from its price at the end of the first year. This means that the amount by which the stock reduced is

25/100 × 200 = 0.25 × 200 = $50

Therefore, the price of the stock, in dollars, at the end of the second year is

200 - 50 = $150