A share of stock is now worth 20% of its value from a year ago. If it is now worth $44,250, what was it worth a year ago?

Question

asked Jun 23, 2022 180k views

1 Answer

Jared Henderson · Answer 1 · 2022-06-28T10:56:39+0000

Answer:

$8850

Explanation:

44250 divided by 0.2 (output value converted from percentage to decimal)

Similarly, if you want to add percentage, multiply instead of divide!