Gavin thought he was making a good investment when he heard about an online grocery company. So he bought 500 shares in the company at $25 a share. The company ended up going bankrupt, and when Gavin sold his shares he only made $150 in total.
What was the percent decrease in the share price? A) 1.2%
B) 3%
C) 82.3%
D) 98.8%
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Home » Mathematics » Gavin thought he was making a good investment when he heard about an online grocery company. So he bought 500 shares in the company at $25 a share. The company ended up going bankrupt, and when Gavin sold his shares he only made $150 in total.