Question

At the beginning of the day the stock market goes up 40 1/4 points and stays at this level for the most of the day. At the end of the day the stock market goes down 120 1/2 points from the high at the beginning of the day. What is the total change in the stock market from the beginning of the day to the end of the day?

Answer 1

It is -80 1/4

Answer 2

a drop of 80 1/4 points

Explanation:

close = open + increase - decrease

close = open + 40.25 -120.50

close = open - 80.25

The total change from the beginning of the day is a drop of 80 1/4 points.