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Stock in Company ABC went from $26 a share to $14 a share. What is the percent of increase in the price of a share of stock in the company?

Sagot :

Answer:

-46.1538%

Step-by-step explanation:

[tex]\left(14-26\right)\div26[/tex]

Caclulate

[tex]\frac{14-26}{26}[/tex]

Calculate the sum or

[tex]\frac{-12}{26}[/tex]

Determine the sign

[tex]-\frac{12}{26}[/tex]

Cross out the common factor

[tex]-\frac{6}{13}[/tex]

Rewrite a fraction as a decimal

[tex]-0.461538[/tex]

Multiply a number to both the numerator and the denominator

[tex]-0.461538\times\frac{100}{100}[/tex]

Write as a single fraction

[tex]-\frac{0.461538\times100}{100}[/tex]

Calculate the product or quotient

[tex]-\frac{46.1538}{100}[/tex]

Rewrite a fraction with denominator equals 100 to a percentage

[tex]-46.1538[/tex]%

I hope this helps you

:)