Question

A company's stock was selling at $28 a share. A month later, it was selling at $21 a share. What is the percent loss?

Answer 1

Answer: 25% loss

Step-by-step explanation:

It lost 28-21 = 7 dollars. Divide this loss over the original price

7/28 = 0.25 = 25%

This shows that we have a 25% decrease