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Fred buys several shares of stock at $24 per share and sells them at $21.12 per share. what is the percent of decrease in the price of the stock?

A12.0%
B11.5%
C11.0%
D10.5%

Verified Answer :

fatimajeilani

24 × 0.12 = 2.88
24 - 2.88 = 21.12

so the percent of decrease is 12%

a. 12.0%

sunshinet1983

Answer:

12.0%

Step-by-step explanation:

2.15 Quiz: Applications - Percents Wrap-Up

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