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riadik2000 [5.3K]
3 years ago
6

A share of ACME stock dropped by 5% and in now trading at $74.74. what was the price before the drop

Mathematics
2 answers:
Bas_tet [7]3 years ago
7 0

Answer:

<u>78.5 (78.477)</u>

Step-by-step explanation:

5% of 74.74 is 3.737

74.74+3.737 = 78.477

frez [133]3 years ago
5 0

Answer:

$78.63.

Step-by-step explanation:

Let the price before the drop be  $x.

Then, x - 0.05x = $74.74

0.95x = 74.74

x = $78.63.

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Inga [223]

Answer:

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Step-by-step explanation:

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