Question

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?

Answer 1

it would be a 12.5 % decrease

Answer 2

12.5 percent

Answer 3

thank you guys sooo much i am horrible at algebra..lol

Answer 4

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

Answer 5

dont forget to click good answer :p

Answer 6

:)