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Natalija [7]
2 years ago
13

What is the net percent gained or lost on a stock with goes down 20% on Monday and then goes up 20% on Tuesday? Use a negative s

ign to indicate percentage lost.
Mathematics
1 answer:
barxatty [35]2 years ago
3 0

The net percentage lost on the stock is 4%

<h3>How to determine the net percentage?</h3>

Let the value of the stock be represented with x.

When it goes down by 20% on Monday, the value is:

Value = (1 - 20%) * x

Value = 0.8x

When it goes up by 20% on Tuesday, the value is:

Value = (1 + 20%) * 0.8x

Value = 0.96x

Recall that the initial value is x.

So, the profit is:

Profit = 0.96x - x

Evaluate the difference

Profit = -0.04x

Express as percentage

Profit = -4%x

Negative value represent a percentage lost.

Hence, the net percentage lost is 4%

Read more about percentage at:

brainly.com/question/843074

#SPJ1

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Price-club sells a 12-ounce box of crackers for $2.59 and Shop Mart sells 1-1/2 pound box of crackers for $4.68. What is the uni
katen-ka-za [31]

Unit price would be the price per ounce.

Divide the total cost by the number of ounces:

Price Club : 2.59 / 12 = $0.216 per ounce

Shop Mart: 1-1/2 pounds = 1.5 x 16 = 24 ounces.

4.68 / 24 = $0.195 per ounce.

7 0
3 years ago
Read 2 more answers
Pentagon RSTUV is circumscribed about a circle. What is the value of x if RS = 10, ST = 13, TU = 11, UV = 12, and VR = 12?
Kobotan [32]

Answer:

Step-by-step explanation:

The value of x is 7 ⇒ 1st answer

Step-by-step explanation:

* Lets revise a fact in the circle

- The two tangents drawn from a point out side the circle are equal

∵ RSTUV is circumscribed about a circle

∴ Each side of the pentagon is a tangent to the circle

- Look to the attached figure to know how we will solve the problem

- Each tangent divided into two parts

# RS = x + y

∵ RS = 8

∴ x + y = 8 ⇒ (1)

# RV = x + n

∵ RV = 12

∴ x + n = 12 ⇒ (2)

- Subtract (2) from (1)

∴ y - n = -4 ⇒ (3)

# ST = y + z

∵ ST = 12

∴ y + z = 12 ⇒ (4)

# TU = z + m

∵ TU = 15

∴ z + m = 15 ⇒ (5)

- Subtract (5) from (4)

∴ y - m = -3 ⇒ (6)

# UV = m + n

∵ UV = 9

∴ m + n = 9 ⇒ (7)

- Add (6) and (7)

∴ y + n = 6 ⇒ (8)

- Lets solve equation (3) and equation (8) to find y

∵ y - n = -4 ⇒ (3)

∵ y + n = 6 ⇒ (8)

- Add (3) and (8)

∴ 2y = 2 ⇒ divide two sises by 2

∴ y = 1

- Lets substitute the value of y in equation (1)

∵ x + y = 8 ⇒ (1)

∵ y = 1

∴ x + 1 = 8 ⇒ subtract (1) from both sides

∴ x = 7

* The value of x is 7

plz mark me as brainlyist thxx

7 0
2 years ago
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A shopper bought shoes marked 40$ the sales tax is 8% how much did the shopper pay in all
BlackZzzverrR [31]

Answer:

43.20

Step-by-step explanation:

First we need to find the sales tax

tax = price * tax rate

tax = 40 * 8%

     = 40*.08

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We final cost is the price plus the sales tax

final cost = price + tax

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                = 43.20

6 0
3 years ago
What is the decimal form of 3/8
Ludmilka [50]

Answer:

0.375

Step-by-step explanation:

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2 years ago
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Write in slope-intercept form and show work:<br> 6x + 4y = 700
Basile [38]
6x + 4y = 800
-6x -6x
--------------------
4y = -6x + 800
÷4 ÷4 ÷4
---------------------
y = -6/4x + 200

First subtract, then divide, and then you have it. 6/4 is your slope. Your rise is -6 and your run is 4.
4 0
3 years ago
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