Mathematics, 03.07.2019 03:20 spicee68003
Acertain stock starts the day at $27 3/8 per share. if it drops $2 1/2 during the day what is it’s closing value
Answers: 1
![\bf \stackrel{mixed}{27\frac{3}{8}}\implies \cfrac{27\cdot 8+3}{8}\implies \stackrel{improper}{\cfrac{219}{8}}~\hfill \stackrel{mixed}{2\frac{1}{2}}\implies \cfrac{2\cdot 2+1}{2}\implies \stackrel{improper}{\cfrac{5}{2}} \\\\[-0.35em] ~\dotfill\\\\ \cfrac{219}{8}-\cfrac{5}{2}\implies \stackrel{\textit{using the LCD of 8}}{\cfrac{(1)219~~-~~(4)5}{8}}\implies \cfrac{219-20}{8}\implies \cfrac{199}{8}\implies 24\frac{7}{8}](/tpl/images/0044/8914/49b7a.png)
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Acertain stock starts the day at $27 3/8 per share. if it drops $2 1/2 during the day what is it’s c...
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