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snow_lady [41]
3 years ago
7

Heyy I need help! :(

Mathematics
2 answers:
vladimir1956 [14]3 years ago
8 0

Answer: 22.7% Hoped this helped (=

Step-by-step explanation:

Given that last year stock for company A was $7200

The stock for company B last year was worth $3510

Stock in company A decreased by 24%

This means the new value of stock for company A became;

(100-24)/100 *$7200

76/100*$7200

0.76*7200 =$5472

Stock in company B decreased by 20%

This means the new value of stock for company B became;

(100-20)/100 *$3510

80/100*$3510

0.8*$3510

$2808

Original investors stock value was = $7200+$3510 =$10710

New investors stock value is = $5472+$2808=$8280

Decrease in value of stock = $10710-$8280 =$2430

percentage decrease in stock value = decrease in stock/original value of stock *100%

=2430/10710 *100 =22.689

=22.7%

malfutka [58]3 years ago
4 0

Answer:

22

Step-by-step explanation:

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I hope this helps.

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