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2 July, 08:09

A company's stock decreased from $15 per share to $9 per share. What is the percentage decreased in stock price? Round your answer to the nearest whole percent. Do not include the percent sign in your answer.

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  1. 2 July, 09:39
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    40

    Step-by-step explanation:

    Let's use the Rule of Three Simple to answer the question this way:

    Stock price Percentage

    $ 15 100%

    $ 9 x

    15 * x = 9 * 100

    15x = 900

    x = 900/15

    x = 60

    Percentage decreased = 100 - 60

    Percentage decreased = 40

    The company's stock decreased 40 percent
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