A stock is worth $40,230 and drops 13% in one day. What is its new value?

asked Jun 26, 2023 24.9k views

3 votes

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7 votes

Answer

The new value is 35000.1

Step-by-step explanation

13% corresponds to:

$40230\cdot(13)/(100)=5229.9$

Then the new value is:

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