jalcantaray jalcantaray
  • 26-05-2020
  • Mathematics
contestada

The stock of Company A lost $2.49 throughout the day and ended at a value of $59.76. By what percentage did the stock decline?

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wegnerkolmp2741o
wegnerkolmp2741o wegnerkolmp2741o
  • 26-05-2020

Answer:

4% decrease

Step-by-step explanation:

The original value would be

59.76 + 2.49 = 62.25

Percent decrease =

original - new

--------------------

original

62.25 - 59.76           2.49

----------------------  = -------------- = .04  4 %

62.25                         62.25

Answer Link
alexthea2100 alexthea2100
  • 26-05-2020

Answer: 4.166666667 %

Step-by-step explanation:

100% is equal to $59.76 . 100 * 2.49 = 40.2 . 40.2 divided by 59.76 = 4.16%

Answer Link

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