Question

Luis bought stock at $65.30. The next day, the price increased $19.70. This new price changed by −3 3/4% the following day. What was the final stock price, rounded to the nearest cent? Is your answer reasonable? Complete the explanation.

Answer 1

41.85 or 42

Explanation:

65.30 - 19.70

= 45.60

45.60 + (-3 3/4) =

41.85

Round to 42