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The stock of Company A lost $4.17 throughout the day and ended at a value of
$100.08. By what percentage did the stock decline?
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Answer:
attempt 1 out of 2
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The stock of Company A lost 417 throughout the day and ended at a value of 10008 By what percentage did the stock decline Submit Answer Answer attempt 1 out of class=

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TaeKwonDoIsDead

Answer:

4%

Step-by-step explanation:

After losing 4.17, it came down to 100.08, so the opening price was:

100.08 + 4.17 = 104.25

To find percentage decline, we find the ratio of the "change" (which is 4.17) divided by the opening (original) price, which is 104.25. Then we multiply that fraction by 100 to get our percentage decline.

So,

[tex]\frac{4.17}{104.25}*100=4[/tex]

Thus, the

percentage decline = 4%

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