Question

The stock price for apple fell $5.50 per share. On the same day, a share of amazon stock fell 3 1/2 times that amount. By what amount did Amazon's share price change?

Answer 1

The Amount did Amazon's share price changes is $ 19.25

Explanation:

Given as :

The stock price for apple fell $5.50 per share

The stock price for amazon fell 3
`(1)/(2)` times of apple share fell

So, The stock price for amazon fell = ( 3 +
`(1)/(2)`) × $ 5.50

Or, The stock price for amazon fell =
`(7)/(2)` × $ 5.50

Or, The stock price for amazon fell = 3.5 × $ 5.50 = $ 19.25

Hence The Amount did Amazon's share price changes is $ 19.25 Answer