The price of a technology stock was $9.68 yesterday. Today, the price fell to $9.61. Find the percentage decrease. Round your answer to the nearest tenth of a percent.

Question

asked Jan 12, 2022 177k views

1 Answer

Adil · Answer 1 · 2022-01-19T07:58:07+0000

Answer:

Use Ratio method

9.68 : 100

9.61 : x

Cross multiply

9.68x=961

x=961/9.68

x=99.2768595

Rounded off its 99%, so there has been a 100-99=1% percentage loss

Explanation: