You hold some gold in a vault as an investment. Over the past year the price of gold increases by 50%. In order to keep your gold in the vault, you must pay 8% of the total value of the gold per year. What percentage has the value of your holdings changed by over the past year. Choose the correct answer.
A) 35%  B) 36%  C) 37%  D) 38%  E) 40%
(100%+50%)*(100%-8%) = 150*0.92= 
<gadget id="calculator">150*0.92</gadget>
<output>138</output>
138% an increase of 38%   Your gold holdings have increased in value by 38%.   The Answer is 38%
<result>D</result>
You hold some gold in a vault as an investment. Over the past year the price of gold increases by 50%. In order to keep your gold in the vault, you must pay 8% of the total value of the gold per year. What percentage has the value of your holdings changed by over the past year.