Question

The price of a technology stock has dropped to $9.63 today. Yesterday's price was 89.76. Find the percentage decrease. Round your answer to the nearest
tenth of a percent.

Answer 1

Answer:

1.33%

Step-by-step explanation:

$Percentage\ change=(\frac{9.76-9.63}{9.76})100\\\\Percentage\ change=(\frac{0.13}{9.76})100\\\\Percentage\ change=1.33$

So the percentage decrease was about 1.33%