Carolinagamer12345 Carolinagamer12345
  • 11-01-2019
  • Mathematics
contestada

An investor bought some shares at a price of £14.88 each. The price of the shares drops to £11.45. Find the percentage loss.

Respuesta :

jimrgrant1 jimrgrant1
  • 11-01-2019

Answer:

23%

Step-by-step explanation:

Calculate the percentage loss as shown

percent loss = [tex]\frac{loss}{originalprice}[/tex] × 100%

loss = 14.88 - 11.45 = 3.43, hence

percent loss = [tex]\frac{3.43}{14.88}[/tex] × 100% = 23%


Answer Link

Otras preguntas

What group was taxed by the king of England before the Magna Carta?
Rose decides she wants to begin her own business, marketing towards online game players. Which of the following best answers the economic question What to produ
A chef draws cookies randomly from a box containing 6 cookies of the same shape and size. There is 1 chocolate chip cookie, 3 almond, and 2 butter cookies. He d
How many significant figures are in the measurement 603.040 g? A. 3 B. 4 D. 6
What is the definition of farm surveying?
Which of the following describes a way geographic features influenced how North American countries were settled?
the greatest threat to our planet is that is the belief that someone else will save itessay in 1000 words
Why is economics sometimes referred to as the dismal science
Please help with these questions!
how does taxation and legislation impact positively and negatively on a company