The value of a stock is X dollars. On Sunday the stock's value grew by half of its value, but on Monday its value dropped to a third of its new value. What is the stock's value at the end of Monday?  Choose the correct choice from the following options.
A) X.  B) X/2.  C) 2X/3  D) X/3  E) X/4.
Given the value of stock is X dollars.   Then on Sunday the stock's value is increased by half i.e. X + X/2 = 3X/2 ( this is the new value)   Then on Monday its value dropped by 1/3 of new value = 1/3(3X/2) = 3X/6   Then 3X/2 - 3X/6 = 6X/6 = 6. (new value - 1/3 value)   X.ns: X. is correct option..
<result>A</result>
The value of a stock is X dollars. On Sunday the stock's value grew by half of its value, but on Monday its value dropped to a third of its new value. What is the stock's value at the end of Monday?