SOLUTION: Computer universe stock lost 12.5% of its value in one day's trading in the stock market. If the stock sold for $28 per share at the end of the day, what was its price at the start
Algebra.Com
Question 276792: Computer universe stock lost 12.5% of its value in one day's trading in the stock market. If the stock sold for $28 per share at the end of the day, what was its price at the start of the day
Found 2 solutions by josmiceli, Alan3354:
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = its price at the start
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
nm
RELATED QUESTIONS
Ann's stock was worth 28.25 a share when the stock market opened for the day, and its... (answered by josmiceli)
Ann's stock was worth 28.25 a share when the stock market opened for the day, and its... (answered by fractalier)
Florence purchaced stock for $20 per share. After 6 days, the stock is worth $32 per... (answered by stanbon)
Florence purchased stock for $20 per share. After 6 days, the stock is worth $32 per... (answered by edjones)
I do not understand any of this:
Week 2 Project
Canyon Drilling, Inc. has just come (answered by solver91311)
A stock trading company charges a commission of
$15 per trade plus $0.025 per dollar... (answered by ikleyn)
Pho Lin has investments in EBay and Amazon stock. On March 9, 2007, EBay stock closed at... (answered by mbmodak)
A certain stock begins the week trading at 87 12 per share. If the average gain for the... (answered by Boreal)
Mary Kim invested $964 in 18 shares of stock. A month
later, she sold the 18 shares at... (answered by ewatrrr)