If the value of XYZ Company stock drops from $25 per share to $21 per share, what is the percent of the decrease?
2007-08-03 04:45:40 · 6 answers · asked by ryan_runner 3 in Science & Mathematics ➔ Mathematics
The answer is a 16% decrease. Solve by taking the difference between the two prices (25-21=4) and dividing by the original price(=4/25=.16), which gives you the fraction of difference between prices compared to the original, then multiply by a hundred to get the percent (.16x100=16%) which is the percent decrease.
2007-08-03 04:55:18 · answer #1 · answered by Lee 2 · 0⤊ 0⤋
First find what the decrease is, which in this case would be 25-21=$4.
Now to find the percentage decrease you do 4 divided by 25(which was the original amout)*100 = 4/25*100 = 16
So the percent of decrease is 16%
2007-08-03 05:01:58 · answer #2 · answered by Kyle K 3 · 0⤊ 0⤋
Decrease = $4
% decrease = (4 / 25) x 100 % = 16 %
2007-08-03 10:01:19 · answer #3 · answered by Como 7 · 1⤊ 0⤋
$4 drop on the $25 initial price = 16% decrease.
2007-08-03 04:49:17 · answer #4 · answered by John V 6 · 0⤊ 0⤋
It is a $4 drop, and that's from the original $25.
So 4/25 = 0.16 or 16%.
2007-08-03 04:49:46 · answer #5 · answered by Eagle1 Fox2 7 · 0⤊ 0⤋
4/25 or 16.0%
2007-08-03 04:49:09 · answer #6 · answered by fredtiff 1 · 0⤊ 0⤋