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The stock of Company A gained 6% today to $87.45. What was the opening price of the stock in the beginning of the day? 25 POINTS!!!!!!!!!!!!!!!!
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The stock of Company A gained 6% today to $87.45. What was the opening price of the stock in the beginning of the day?

25 POINTS!!!!!!!!!!!!!!!!

User Espinet
by
3.3k points

2 Answers

1 vote

Answer:

$82.50

Explanation:

gained6%=100%+6%

100%+6%=$87.45

100%=?

solution :

$87.45×100/106=$82.50

User Nicolas Roy
by
3.4k points
3 votes

Answer:

$82.50

Explanation:

gainsd 6%=106%

$87.45×100%/106%=$82.50

Hope can help!!!

User Fseminario
by
3.5k points
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