You hold some gold in a vault as an investment. Over the past year the price of gold increases by 60%. In order to keep your gold in the vault, you must pay 10% of the total value of the gold per year. What percentage has the value of your holdings changed by over the past year. Answers
A) 45%
B) 46%
C) 50%
D) 55%
E) 44%
(100%+60%)*(100%-10%) = 160*0.90= 
<gadget id="calculator">160*0.90</gadget>
<output>144</output>
144% an increase of 44%   Your gold holdings have increased in value by 44%.   The Answer is 44%
<result>E</result>
You hold some gold in a vault as an investment. Over the past year the price of gold increases by 60%. In order to keep your gold in the vault, you must pay 10% of the total value of the gold per year. What percentage has the value of your holdings changed by over the past year.