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stellarik [79]
2 years ago
10

You sell 500 shares of Coldwater Creek stock (CWTR). You purchased the stock at $2.98 per share and sold it at $0.88

Mathematics
1 answer:
andrew11 [14]2 years ago
4 0

Answer:

70%

Step-by-step explanation:

Given that,

Cost price of the stock = $2.98 per share

Sold price of the stock = $0.88  per share

We need to find the percent decrease in the stock. It can be done as follows :

\%=\dfrac{2.98-0.88}{2.98}\times 100\\\\=70.46\%

or

= 70%

So, the decrease in the stock is equal to 70 %.

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y = -5x + 24

y = 4x - 21

Since both of these equations are equal to Y, theyre equal to each other.

So we can make an equation with y = -5x + 24 in one side and y = 4x - 21 on the other.

-5x + 24 = 4x - 21

Now in order to get the value of x we need to isolate it in one side of the equation. We can do this by subtracting 24 from both sides of the equation:

-5x + 24 - 24 = 4x - 21 - 24

-5x = 4x - 45

Now we subtract 4x from both sides so the 4x shift to the other side

-5x - 4x = 4x - 4x - 45

-9x = -45

Finally divide both sides by -9 so x is by itself

(-9)÷(-9x) = -(45)÷(-9)

x = 5

Since we did all of this to BOTH sides of the equation, both sides are still equal to each other and the equation still is true.

Now apply x = 5 to either of the initial equations to find the value of Y

y = -5x + 24 or y = 4x - 21

(I'll do both but u only need one)

y = -5(5) + 24

y = -25 + 24

y = -1

y = 4(5) - 21

y = 20 - 21

y = -1

Either way, X is 5 and Y is -1

Answer (5, -1)

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Answer:4(3)/(5)

Step-by-step explanation:

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