Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

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?

Sagot :

Answer:

25%

Step-by-step explanation:

[tex]percentage \: loss \\ \\ = \frac{28 - 21}{28} \times 100 \\ \\ = \frac{7}{28} \times 100 \\ \\ = \frac{1}{4} \times 100 \\ \\ = 25\% [/tex]