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the price for a stock has decreased from $24.50 per share to $18.60 per share. What percentage is the decrease? I am not sure how to figure this. I came up with 24.08% ???
15 years ago

Answers

PsyDAG
(24.5 - 18.6)/24.5 = 5.9/24.5 = 24.08%

Right!
15 years ago

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