To find the net gain or loss of the stock for these three days, we need to add up the gains and subtract the losses.
The stock lost 8(3)/(8) + 1(1)/(5) points in total. To add these together, we first need to convert the fractions to a common denominator, which is 40.
8(3)/(8) = 3(40)/(8) = 120/8 = 15
1(1)/(5) = 1(8)/(5) = 8/5
So, the stock lost a total of 15 + 8/5 = 75/5 + 8/5 = 83/5 points.
On Wednesday, the stock gained 13 points.
To find the net gain or loss, we subtract the losses from the gains:
Net gain/loss = 83/5 - 13 = (83 - 65)/5 = 18/5
The net gain/loss of the stock for these three days is 18/5 points.
A stock lost 8(3)/(8) points on Monday and then another 1(1)/(5) points on Tuesday. On Wednesday, it gained 13 points. What was the net gain or loss of the stock for these three days
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