Question

An investor has an account with stock from two different companies. Last year, her

stock in Company A was worth $1850 and her stock in Company B was worth $2280.
The stock in Company A has decreased 2% since last year and the stock in Company
B has decreased 25%. What was the total percentage decrease in the investor's stock
account? Round your answer to the nearest tenth (if necessary).

Answer 1

Answer: 14.7%

Step-by-step explanation:

The decrease in stock A stock is:

= 1,850 * 2%

= $37

Decrease in stock B is:

= 2,280 * 25%

= $570

Total decrease = 37 + 570

= $607

Total percentage decrease is:

= (607 / (1,850 + 2,280) ) * 100%

= 607 / 4,130 * 100%

= 14.7%