A community for students. Sign up today!
Here's the question you clicked on:
 0 viewing
 2 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
 2 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

This Question is Closed

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2do you know how to take percentage?

breja
 2 years ago
Best ResponseYou've already chosen the best response.0no @Mashy But im learning

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2ok.. percentage is basically out of 100 for example. if i say i scored 9 of 10.. then if i wanna know what my percentage score is.. then all i have to do is how much would i score out of 100.. and taht comes out to 90.. so 90 percentage.. is that clear?

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2if i tell you.. i scored 4 out of 5.. whats my percentage score?

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2you do the cross multiplication 4  5 ?  100 4 X 100 / 5.. how much does that yeild?

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2perfect.. so thats how you do cross multiplication.. let me give you one more i i say.. i scored 50% percent.. how much did i score out of 25

breja
 2 years ago
Best ResponseYou've already chosen the best response.0ohh i see where you going okay now 24.5*100/28 right

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2no.. the question is .. what is the percentage DECREASE??.. so first find the decrease.. then find the percentage decrease!

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2tell me how much is the decrease?

breja
 2 years ago
Best ResponseYou've already chosen the best response.0The difference is $3.50. The percent decrease is therefore the difference divided by the original price: (3.50/28) x 100% = 12.5%???

Mashy
 2 years ago
Best ResponseYou've already chosen the best response.2oh.. i love you :D.. correct!!
Ask your own question
Ask a QuestionFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.