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6 June, 12:55

The price of a technology stock has dropped to $9.65 today. yesterday's price was $9.72. find the percentage decrease. round your answer to the nearest tenth of a percent.

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  1. 6 June, 13:25
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    To answer the question above, subtract the price today, $9.65, from the price yesterday, $9.72. Divide the difference by the price yesterday and multiply by 100%. This is shown below,

    ((9.72 - 9.65) / 9.72) x 100% = 0.72%

    Thus, the price decreased by approximately 0.7%.
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