Question

At the beginning of the day, the sum of the stocks in the Dow Jones was $10,289.57. At the end of the day, the sum of the stocks in the Dow Jones was $10,124.19. What was the rate of change of the Dow Jones on this particular day?

A. .8%
B. -1.2%
C.-0.8
D. -1.0

Answer 1

B. -1.2%

Explanation:

Just trust

Answer 2

Answer: -1.60%

Explanation:

1. You know that:

- The sum of the stocks in the Dow Jones was $10,289.57.

- The sum of the stocks in the Dow Jones was $10,124.19 at the end of the day.

2. Keeping this on mind, you can calculate the rate of change of the Dow Jones on that particular day as following:

`ROC=((10,124.19-10,289.57)/(10,289.57))*100\\ROC=((-165.38)/(10,289.57))*100\\ROC=-1.60%`

3. Therefore, the answer is -1.60%.