SOLUTION: The value of a share of stock decreased from $24.50 to $22.05. What was the percent of decrease ?
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Question 609661: The value of a share of stock decreased from $24.50 to $22.05. What was the percent of decrease ?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The value of a share of stock decreased from $24.50 to $22.05. What was the percent of decrease ?
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Quantity Decrease: 24.50-22.05 = 2.45
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Percent Decrease: 2.45/24.50 = 10%
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Cheers,
Stan H.
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