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3 years ago

An investor bought some shares at a price of £14.88 each. The price of the shares drops to £11.45. Find the percentage loss.

Mathematics

1 answer:

frozen [14]3 years ago

3 0

Answer:

23%

Step-by-step explanation:

Calculate the percentage loss as shown

percent loss = $\frac{loss}{originalprice}$ × 100%

loss = 14.88 - 11.45 = 3.43, hence

percent loss = $\frac{3.43}{14.88}$ × 100% = 23%

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sertanlavr [38]

The solution is $x = 2 \text{ and } y = \frac{1}{2}$

Solution:

Let us assume,

$a = \frac{1}{x}\\\\b = \frac{1}{y}$

Given system of equations are:

$\frac{2}{x} - \frac{3}{y} = -5$

$\frac{4}{x} + \frac{6}{y} = 14$

Rewrite the equation using "a" and "b"

2a - 3b = -5 ------------ eqn 1

4a + 6b = 14 -------------- eqn 2

Let us solve eqn 1 and eqn 2

Multiply eqn 1 by 2

2(2a - 3b = -5)

4a - 6b = -10 ------------- eqn 3

Add eqn 2 and eqn 3

4a + 6b = 14

4a - 6b = -10

( - ) --------------------

8a = 4

$a = \frac{4}{8}\\\\a = \frac{1}{2}$

Substitute a = 1/2 in eqn 1

$2(\frac{1}{2}) -3b = -5\\\\1 - 3b = -5\\\\3b = 6\\\\b = 2$

Now let us go back to our assumed values

Substitute a = 1/2 in assumed values

$a = \frac{1}{x}\\\\\frac{1}{2} = \frac{1}{x}\\\\x = 2$

Substitute b = 2 in assumed value

$b = \frac{1}{y}\\\\2 = \frac{1}{y}\\\\y = \frac{1}{2}$

Thus the solution is $x = 2 \text{ and } y = \frac{1}{2}$

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Global mean temperature was changing the most rapidly in 2005. How quickly was the temperature changing in 2005

AysviL [449]

The temperature was changing at a rate of 2.925 degrees Celsius in 2005

<h3>How to determine the rate in 2005</h3>

From the graph (see attachment), we have the following ordered pair

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Read more about average rates at:

brainly.com/question/8728504

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