kevinhammon02 kevinhammon02

12-10-2021
Mathematics

contestada

A company's stock was selling at $28 a share. A month later, it was selling at $21 a share. What is the percent loss?

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jimthompson5910 jimthompson5910

12-10-2021

Answer: 25% loss

Explanation:

It lost 28-21 = 7 dollars. Divide this loss over the original price

7/28 = 0.25 = 25%

This shows that we have a 25% decrease

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