what does it mean when something has a 165% increase or like a 98% increase/decrease. I just can’t seem to understand it
In: 2
Many good explanations.
I’ll add one more point: the relativeness of the percentage can be counterintuitive. Say, some stock valued $10 went 50% down and then 50% up. Is it $10 worth again? Nope! It’s $5 after the crash and then gains only $2.5 (50% of 5), resulting in final $7.5 price.
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