The stock of Company A lost 2% today to $46.55. What was the opening price of the stock in the beginning of the day?

Question

The stock of Company A lost 2% today to $46.55. What was the opening price of the stock in the beginning of the day?

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Clara 2 months 2021-10-12T05:39:32+00:00 1 Answer 0 views 0

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    2021-10-12T05:41:18+00:00

    Answer:

    $2327.5

    Step-by-step explanation:

    The stock of company A lost 2% today .

    Let the price of the stock at the beginning of the day be A.

    Therefore, a 2% loss of A = $46.55

    That’s

    2% /100% x A = $46.55

    0.02 x A = $46.55

    Divide both sides by 0.02

    0.02/0.02 x A = $46.55/0.02

    A = $2327.5

    The price of stock at the beginning of the opening day was $2327.5

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45:7+7-4:2-5:5*4+35:2 =? ( )