SOLUTION: a stock currently costs $44. it is down 20% so far this year. How much did the stock cost at the beginning of the year?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: a stock currently costs $44. it is down 20% so far this year. How much did the stock cost at the beginning of the year?      Log On


   



Question 481237: a stock currently costs $44. it is down 20% so far this year. How much did the stock cost at the beginning of the year?
Answer by rfer(16322) About Me  (Show Source):