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16 December, 10:11

The stock of Company A lost $4.25 throughout the day and ended at a value of $63.75. By what percentage did the stock decline?

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  1. 16 December, 11:50
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    The percentage decline for company A stock is 6.25% decline.

    Step-by-step explanation:

    Value of Stock before decline is $68 adding $63.75 and $4.25. while finding the 10% of $68 is $6.8 while subtracting from $68. It gives $61.2 which is for less then $63.75. Lets take 5% of $68 it gives $3.40. We understand by this that decline are sum where below 5 or above 5. Now subtracting $68 from $3.40 it gives 64.60. Now taking 1% of $68 is $0.68. Adding both we have about $4.00. Now we need to go less then 1% it is better to start wit quarters. What is 0.25% of $68 is $0.17. Adding $3.40,$0.68 and $0.17 gives $4.25. In percentage adding 5%,1% and 0.25% of $68 gives 4.25% decline.
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