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bmacy

  • 3 years ago

Elena buys several shares of stock at $28 per share and sells them at $24.50 per share. What is the percent of decrease in the price of the stock?

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  1. tdabboud
    • 3 years ago
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    it would be a 12.5 % decrease

  2. lilg132
    • 3 years ago
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    12.5 percent

  3. bmacy
    • 3 years ago
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    thank you guys sooo much i am horrible at algebra..lol

  4. lilg132
    • 3 years ago
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    28 / 100 = 0.28 (that is 1 percent of 28) 28 - 24.5 = 3.5 is the difference 3.5 / 0.28 = 12.5 percent

  5. lilg132
    • 3 years ago
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    dont forget to click good answer :p

  6. bmacy
    • 3 years ago
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    :)

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