Question

The price of a technology stock was
$9.78 yesterday. Today, the price fell to $9.71. Find the percentage decrease. Round your answer to the nearest tenth of a percent.

Answer 1

so its 9.71-9.78 ? 0r the other way around

Answer 2

Once again, the first step is to find the the difference.
Always do new number - old number.

Answer 3

In this case, you are correct.
The change is 9.71 - 9.78
Since the price went down, the change is negative.

Answer 4

9.71 - 9.78 = -0.07

Answer 5

Now you need to divide the change by the original number, the old price, and multiply by 100.

-0.07/9.78 * 100

Answer 6

sorry, but gtg.
Just do the operation above and round to nearest tenth.

Answer 7

Thank you ;)

Answer 8

You're welcome.