issyrichardson issyrichardson

05-03-2018
Mathematics

contestada

What percent decrease occurs when a stock goes from 6.50 per share to 4.25 per share?

Respuesta :

MsEHolt MsEHolt

14-03-2018

This is a 35% decrease.

To find the percent decrease, find the amount of decrease: 6.50 - 4.25 = 2.25. Now divide this by the original price of the stock:

2.25/6.50 = 0.3462 ≈ 0.35

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