Question

Can you please help me please!!!!!

Answer 1

The original stock price was $88.  On the first day, that increased by $19.40, resulting in a new price of $107.40.

On the second day, that $107.40 decreased by 5 3/4%.  To obtain the new stock price, subtract 5 3/4% from 100% and mult. $107.40 by the result (in fractional form):

(100% - 5 3/4%)$107.40      =>    0.9425($107.40) = $101.22   (answer)