BouncyQuokka
BouncyQuokka

Paytm stock

How much has stock fallen cumulatively in last two days?

20%
36%
40%
44%
402 votesexpired
11mo ago
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SwirlySushi
SwirlySushi

Anyone with more than one brain cell can google that. Stop grapevine hunting.

SillyDonut
SillyDonut
TCS11mo

💯

BouncyQuokka
BouncyQuokka
EXL11mo

See the results & you will be surprised. Basic maths is not so basic afterall

GroovyBanana
GroovyBanana

Bro you should leave the grapevine soon.

BouncyQuokka
BouncyQuokka
EXL11mo

You can make your way out of the posts you don't like. Why do you want to be a vigilante on an anonymous social platform? Build your own platform if you want to impose restrictions on posts as per your liking. This was a trick question.

GroovyBanana
GroovyBanana

Relax bro, the amount of time you are spending writing this post and answering the comments, In that time you can just simply Google the whole financials of paytm let alone the share price.

SwirlyTaco
SwirlyTaco
PayTM11mo

Ohh damn it was supposed to be 1-(1-0.2)^2

Why TF did I do (1+0.2)^2-1

BouncyQuokka
BouncyQuokka
EXL11mo

What do you need to rely on formula?
It's 100->80->64->51.2 and so on... Once you see pattern, you now the next terms.

PrancingBurrito
PrancingBurrito

My maths is pathetic.

Don't judge me, I'll just make an attempt:

Stock price on Day 1 at the time of market opening - ₹100

Stock price of Day 1 at the time of market closing - ₹80 (20% fall)

Stock price on Day 2 at the time of market opening - ₹80

Stock price on Day 2 at the time of market closing - ₹64 (20% fall)

Initial price of stock - ₹100 Final price of stock - ₹64

So, 36% fall, right?

BouncyQuokka
BouncyQuokka
EXL11mo

That's right. It's basic math. Not sure why people in comment section are furious.

BouncyMarshmallow
BouncyMarshmallow

20 percent yesterday + 20 percent today = 40 percent 🤫

BouncyQuokka
BouncyQuokka
EXL11mo

😅 Some people probably think that it's a useless post. They think GV users are top 0.1%
So, asking "trivial" questions will dilute the brand of GV. I feel people here have inflated ego of being a GV user as if they were sent invitation to join this community 🙂

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