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
do you know how to take percentage?
anonymous
  • anonymous
no @Mashy But im learning
anonymous
  • anonymous
ok.. 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?

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anonymous
  • anonymous
yea
anonymous
  • anonymous
if i tell you.. i scored 4 out of 5.. whats my percentage score?
anonymous
  • anonymous
0.2?
anonymous
  • anonymous
idk
anonymous
  • anonymous
you do the cross multiplication 4 --- 5 ? --- 100 4 X 100 / 5.. how much does that yeild?
anonymous
  • anonymous
80?
anonymous
  • anonymous
anonymous
  • anonymous
perfect.. 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
anonymous
  • anonymous
ohh i see where you going okay now 24.5*100/28 right
anonymous
  • anonymous
no.. the question is .. what is the percentage DECREASE??.. so first find the decrease.. then find the percentage decrease!
anonymous
  • anonymous
ohh okay
anonymous
  • anonymous
idk
anonymous
  • anonymous
tell me how much is the decrease?
anonymous
  • anonymous
The difference is $3.50. The percent decrease is therefore the difference divided by the original price: (3.50/28) x 100% = 12.5%???
anonymous
  • anonymous
oh.. i love you :D.. correct!!
anonymous
  • anonymous
thanks
anonymous
  • anonymous
no probs!

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