Question

Stock in Company ABC went from $26 a share to $14 a share. What is the percent of increase in the price of a share of stock in the company?

Answer 1

-46.1538%

Explanation:

`\left(14-26\right)/26`

Caclulate

`(14-26)/(26)`

Calculate the sum or

`(-12)/(26)`

Determine the sign

`-(12)/(26)`

Cross out the common factor

`-(6)/(13)`

Rewrite a fraction as a decimal

`-0.461538`

Multiply a number to both the numerator and the denominator

`-0.461538*(100)/(100)`

Write as a single fraction

`-(0.461538*100)/(100)`

Calculate the product or quotient

`-(46.1538)/(100)`

Rewrite a fraction with denominator equals 100 to a percentage

`-46.1538`%

I hope this helps you

:)