Question

The price of a technology stock has dropped to $9.70 today. Yesterday’s price was $9.81. Find the percentage decrease. Round you answer to the nearest percent.

Answer 1

-0.92497431%

Explanation:

Answer 2

-0.92497431%

Explanation:

percent change = ( (new value - old value) / (old value) )*100%

percent change = ( ( $9.64 - $9.73 ) / $9.63 ) *100%

= ( -$0.09 / $9.63 )*100%

≅ -0.9 % (note: -0.9% means 0.9% decrease)

(9.64-9.73)*100% / 9.73 = -0.92497431%