Question

The price of a technology stock was $9.69 yesterday. Today, the price fell to $9.58 . Find the percentage decrease. Round your answer to the nearest tenth of a percent.

Answer 1

1.1% decrease

Explanation:

Use the formula, % change = (difference/original) x 100

Plug in the values:

% change = ((9.69 - 9.58) / 9.69) x 100

= 1.1% decrease