katwilf3184 katwilf3184

02-01-2021
Mathematics

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A company's stock was selling at $28 a share. A month later it was selling at $21 a share. What is the percent loss?

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Hrishii Hrishii

02-01-2021

Answer:

25%

Step-by-step explanation:

[tex]percentage \: loss \\ \\ = \frac{28 - 21}{28} \times 100 \\ \\ = \frac{7}{28} \times 100 \\ \\ = \frac{1}{4} \times 100 \\ \\ = 25\% [/tex]

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