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4vir4ik [10]
3 years ago
10

the price per share of a stock decreased from $90 per share to $36 per share. by what percent did the price of the stock decreas

e?
Mathematics
1 answer:
givi [52]3 years ago
8 0

Answer:

60%

Step-by-step explanation:

we know that

the price per share of a stock decreased from $90 per share to $36 per share

In this problem

$90 represent the 100%

so

using proportion

Find out what percentage represent the difference of ($90-$36)

($90-$36)=$54

Let

x ----> the percentage of the difference

\frac{100\%}{\$90}=\frac{x}{\$54}\\\\x=54(100)/90\\\\x=60\%

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