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6 July, 16:32

Fred buys several shares of stock at $24 per share and sells them at $21.12 per share. what is the percent of decrease in the price of the stock?

a. 12.0%

b. 11.5%

c. 11.0%

d. 10.5%

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Answers (1)
  1. 6 July, 17:36
    0
    24 * 0.12 = 2.88

    24 - 2.88 = 21.12

    so the percent of decrease is 12%

    a. 12.0%
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