Question

The price of a technology stock has dropped to $9.63 today. Yesterday's price was 89.76. Find the percentage decrease. Round your answer to the nearest

tenth of a percent.

Answer 1

1.33%

Explanation:

`Percentage\ change=((9.76-9.63)/(9.76))100\\\\Percentage\ change=((0.13)/(9.76))100\\\\Percentage\ change=1.33\\`

So the percentage decrease was about 1.33%