Mathematics, 28.08.2020 02:01, oofoofoof1

The formula for percentage increase I (given as a decimal) of an investment is I=\frac{S-P}{P} , where P is the purchase price and S is the sale price. You sell a stock at a price of $75, earning a percentage increase of 25%. What was the purchase price of the stock?

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The formula for percentage increase I (given as a decimal) of an investment is I=\frac{S-P}{P} , whe...