Thread: stock price-DS

The price per share of stock X increased by 10 percent over the same time period that the price per share of stock Y decreased by 10 percent. The reduced price per share of stock Y was what percent of the original price per share of stock X?
(1) The increased price per share of stock X was equal to the original price per share of stock Y.
(2) The increase in the price per share of stock X was 10/11 the decrease in the price per share of stock Y.
pls give the ans with explanation

My take is D. if that is the OA, then I will post my explanation. So what is OA

Yeap D is the OA

i go wit d

I also go with D

ANSWER IS D

My ans D
let orig price of both share be x and y respectively.
from 1) we get 1.1x=y.........so we can calculate reduced price per share of stock Y was what percent of the original price per share of stock X

from 2) 1.1x=10/11*.9y..............this is also sufficient.......

correct me if my reasoning is wrong...........

D