Alana bought a stock, which dropped 10% from the previous day. The value of her stock, after the price drop was $305 Wh ch equat

Question

pickupchik [31]

3 years ago

9

Alana bought a stock, which dropped 10% from the previous day. The value of her stock, after the price drop was $305 Wh ch equat

ion could she use to find the price of the stock before the price drop?

Mathematics

1 answer:

White raven [17] · Answer 1 · 2022-04-19T00:27:54+03:00

White raven [17]3 years ago

7 0

If the original price was 'p', the new price would be 'p - 10%p' or 'p - 0.1p'. We know this is equal to 305, so 'p - 0.1 p = 305' would be the equation.