haleyvaughno1 haleyvaughno1

12-02-2018
Mathematics

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The price of a technology stock was $9.74 yesterday. Today, the price fell to $9.67. Find the percentage decrease. Round your answer to the nearest tenth of a percent.

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sqdancefan sqdancefan

12-02-2018

% change = (new value - old value)/(old value) * 100%
.. = (9.67 -9.74)/9.74 * 100%
.. = -0.07/9.74 * 100%
.. = -0.7%

The decrease is 0.7%.

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