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30 September, 17:15

Alina by several shares of stock at $28 per-share and sells them at $24.50 per-share what is the percent of decrease in the price of the stock

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  1. 30 September, 17:37
    0
    Buy = $28

    Sell = $24.50

    Decrease = 28 - 24.50 = 3.5

    % Decrease = (3.5 / 28) * 100%

    = 12.5%
  2. 30 September, 17:41
    0
    Take the absolute value of the difference, then divide it by the original amount

    |28 - 24.5| / 28 = 3.5/28 = 0.125 ... now we multiply that by 100 to get it into a percent 0.125 * 100 = 12.5% < = = ur answer
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