anonymous
  • anonymous
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?
Mathematics
jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
it would be a 12.5 % decrease
lilg132
  • lilg132
12.5 percent
anonymous
  • anonymous
thank you guys sooo much i am horrible at algebra..lol

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lilg132
  • lilg132
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
lilg132
  • lilg132
dont forget to click good answer :p
anonymous
  • anonymous
:)

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