Maths Labyrinth: Short Sale Answer

“You avoided the Minotaur and now have another chance”

Answer: 67% – The new price is 60% of the original, and we want to convert this back to 100%. Using algebra, we want to find the value of 60% + (Y% x 60%) = 100% where Y is the percentage increase. The exact answer is therefore Y = 40/60 which is closest to 67%.

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