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24 November, 02:02

Elena buys several shares of stock at $28 per share and sells them at $24.50 per share. What is the percent of decrease in the price of the stock?

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Answers (2)
  1. 24 November, 02:21
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    To find this answer you need to do $28.00-$24.50=3.50

    your answer is 3.50
  2. 24 November, 05:39
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    24.5 / 28 * 100 = 87.5

    100% - 87.5% = 12.5%

    answer: 12.5% decrease
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