The price of a share of one stock fell from $8.75 to $8.54. find the percent decrease. round your answer to the nearest tenth of a percent.

2.4%.

Step-by-step explanation:

Consider the formula for percentage change (Mathisfun)

.

Note that the old value shall be the one on the denominator.

For this question:

.

The value here is negative, but don't be alerted. A positive value of change indicates an increase, while a negative value of change indicates a decrease. In other words, the stock price dropped by 2.4%.

$9.89

step-by-step explanation:

9.90 = p x .06 x .25 (3/12 changed to a decimal)

9.90 = p x 0.015

9.90 - 0.015 = p

9.89 = p

$119.20

step-by-step explanation:

$372.50 - 60% off is $149. $149-20% off is $119.20