one week, a certain stock market index went down from 7606 to 6921.46 . what was the percent decrease, rounded to the nearest whole number?
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OpenStudy (campbell_st):
what was the actual value of the drop in the stock market...?
OpenStudy (anonymous):
7606 - 6921.46
OpenStudy (anonymous):
idk
OpenStudy (campbell_st):
what ever that value you is... and you need it as percentage of the starting value
\[ \frac{7606 - 6921.46}{7606} \times 100 \]
OpenStudy (anonymous):
684.54
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OpenStudy (campbell_st):
nope.... when you do the calculation, put the numerator in brackets.
OpenStudy (anonymous):
idk what your sayin im only in 7th grd
OpenStudy (campbell_st):
do you have a calculator
OpenStudy (anonymous):
yea
OpenStudy (campbell_st):
ok... this is what you enter
\[(7606 - 6921.46)\div7606 \times 100 = \]
tell me what you get
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OpenStudy (anonymous):
ok
OpenStudy (anonymous):
um i got 9
OpenStudy (campbell_st):
the steps to answering the question are
1. find the difference 7606 - 6921.46 = 684.54
2. create a fraction: difference/starting value
\[\frac{684.54}{7606}\]
3. to change a fraction to a percentage, multiply by 100.
\[\frac{684.54}{7606} \times 100\]