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Paul bought a stock for $98. He sold it for $62. What was the percent markdown on the stock? Enter the missing part of the answer.

Paul bought a stock for $98. He sold it for $62. What was the percent markdown on the stock? Enter the missing part of the answer.
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Paul bought a stock for $98. He sold it for $62. What was the percent markdown on the stock? Enter the missing part of the answer.

asked
User Igor Vishnevskiy
by
8.2k points

1 Answer

6 votes

Answer:

it was a 36.73% decrease

Explanation:

62/98 = .63265

1-.63265 = .3673

answered
User Norcal Johnny
by
9.1k points
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