Question

Carla invested in an internet start-up company. She purchased the stocks for $7.75 and sold them for $2.30. Calculate the percent of increase or decrease on these shares. Show all work.

Answer 1

7.75 + 7.75x = 2.3
7.75x = -5.45
x = -5.45 / 7.75
x = -0.7032258064516129032258064516129

Carla lost 70.32%
hope i helped