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30 January, 07:27

A investor has an account with stock from two different companies. Last year her stocking company A was worth $4600 in her stocking company B was worth $1000. Stocking company a has decreased 25% since last year in stock and Company B has decreased 22%. What was the total percentage decrease in the investor stock account round your answer to the nearest 10

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  1. 30 January, 09:57
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    Answer: 24.5%

    Step-by-step explanation:

    Last year her stock in company A was worth $4600. If her Stock in company A has decreased by 25% since last year in stock, then the amount by which it decreased is

    25/100 * 4600 = $1150

    The present worth is

    4600 - 1150 = $3450

    Also, her stock in company B was worth $1000. If her Stock in company B has decreased by 22% since last year in stock, then the amount by which it decreased is

    22/100 * 1000 = $220

    The present worth is

    1000 - 220 = $780

    The total worth of both stocks last year was

    4600 + 1000 = $5600

    The total worth of both stocks this year was

    3450 + 780 = $4230

    The amount by which it decreased is

    5600 - 4230 = 1370

    the total percentage decrease in the investor stock account is

    1370/5600 * 100 = 24.5%
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