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If the Dow Jones Industrial Average was 300 in October 1929 and 100 in October 1931, how much of a percentage decrease did it experience (rounded to the nearest whole rate)
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If the Dow Jones Industrial Average was 300 in October 1929 and 100 in October 1931, how much of a percentage decrease did it experience (rounded to the nearest whole rate)

User Vincent Labatut
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1 Answer

13 votes
13 votes

Answer:

67%

Step-by-step explanation:

First We will calculate Dow Jones Industrial Average Decrease

Industrial Average in October 1929 = 300

Industrial Average in October 1931 = 100

So the decrease in Industrial Average is (300-100) = 200

Now We will calculate the Industrial Average decrease in percent

(200/300) x 100 = 66.66%

Rounded to 67%

User Mailerdaimon
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3.2k points
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