SOLUTION: 1.you have made 9,000.00 on the sale of your stock. The original cost of the stock was 12,000.00. Find the percentage of increase.
2.
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Question 207214: 1.you have made 9,000.00 on the sale of your stock. The original cost of the stock was 12,000.00. Find the percentage of increase.
2.
Answer by RAY100(1637) (Show Source): You can put this solution on YOUR website!
original cost $ 12,000,,,,,sale price $ 9,000
.
loss is (12-9),,,,$ 3,000,,,or increase is - $ 3,000
.
% is - $ 3,000/ $ 12,000 = - .25 = -25%
.
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