The price of stock decreased by 8% last year and rose by 10% this year. What is the net percentage change in the price of the stock?  Choose the correct choice
A) 0.2%
B) 0.8%
C) 1.2%
D) 1.6%
E) 2%
(100% - 8%) * (100% + 10%) = 0.92 * 1.10= 
<gadget id="calculator">0.92 * 1.10</gadget>
<output>1.012</output>
1.012= 101.2%.   The net percentage change in the price of the stock is (+) 1.2%   The answer is 1.2%
<result>C</result>
The price of stock decreased by 8% last year and rose by 10% this year. What is the net percentage change in the price of the stock?