Question

The stock of Company A lost $2.49 throughout the day and ended at a value of $59.76. By what percentage did the stock decline?

Answer 1

Answer: 4.166666667 %

Explanation:

100% is equal to $59.76 . 100 * 2.49 = 40.2 . 40.2 divided by 59.76 = 4.16%

Answer 2

4% decrease

Explanation:

The original value would be

59.76 + 2.49 = 62.25

Percent decrease =

original - new

--------------------

original

62.25 - 59.76 2.49

---------------------- = -------------- = .04 4 %

62.25 62.25