On Monday, a company stock closed at a price of $30.80 per share. On Tuesday, it increased by $1.20 per share. On Wednesday, it fell by 6.25%. On Thursday, it fell by another 4%, and on Friday, it increased by 2.5%. What is the net change in the stock price from Monday to Friday?
A.
-$1.28
B.
-$0.40
C.
$0.40
D
$2.00

Question

On Monday, a company stock closed at a price of $30.80 per share. On Tuesday, it increased by $1.20 per share. On Wednesday, it fell by 6.25%. On Thursday, it fell by another 4%, and on Friday, it increased by 2.5%. What is the net change in the stock price from Monday to Friday?
A. 
-$1.28
B.
-$0.40
C.
$0.40
D
$2.00

dude · Answer

This question has been asked before https://questioncove.com/updates/5d8a2ac22392d96d20da5600 Expanding on this, you have to convert the decimal to a number after you've calculated the new amount. Once you find what 6.25% of 32 is, then you can subtract it from 32. Once you have done that, calculate 4% of the new amount and so on... Remember to differentiate on whether the amount increased or decreased to find out if you add or subtract