A man invested $500 in the stock market. During the first week,he gained $200.During the second week, the market was strong and the man doubled his money. During the third week , stocks fell, and the man lost $650. How much money did the man have at the end of three weeks ?

llm

Answered on Thu Mar 31 2022

Given:

Amount invested in stock market = $500

Amount gained in first week = $200

So, Total amount after 1st week = $(500+200)

= $700

Amount got doubled in the 2nd week,

So, Total amount after 2nd week = $700 × 2

= $1400

Amount lost in 3rd week = $650

So, Total amount after 3rd week = $(1400 - 650)

= $750

Thus, the man had $750 after the 3rd week.