Given:
Stock price in may is $61.81
[tex]\text{Increase price in July=}61.81\times\frac{6}{100}[/tex][tex]\text{Increase price in July= \$3.71}[/tex]
Stock price in June =61.81+3.71
Stock price in June = $65.52
[tex]\text{Decrease price in July}=65.52\times\frac{6}{100}[/tex][tex]\text{Decrease price in July}=3.93[/tex]
Stock price in July=65.52-3.93
Stock price in July= $61.59
