Me ! : stock worth $60 a share dropped in value by 20% on monday. then, it dropped again by $10 the next tuesday and, finally, increased by 55% the following friday. what was the final price of a share?

$58.9

Step-by-step explanation:

In this question, we're going to go step by step to get the final price of the share.

We know that the stock started off as $60 per share, so that would be our starting value.

The stock dropped by 20%, so let's calculate the drop in price.

60 • 0.20 = 12

60 - 12 = 48

On Monday, the value of the stock was $48

On Tuesday, the stock dropped by $10, so calculate that drop as well

48 - 10 = 38

On Tuesday, the stock value is at $38

The stock increased by 55%, so we need to calculate the increase.

38 • 1.55 = 58.9

This means that the final price of the share was $58.9

step-by-step explanation:

step 1: solve one of the equations for one of the variables. let's solve the first equation for y:

step 2: substitute that equation into the other equation, and solve for x.

step 3: substitute x = 4 x = 4 x=4 into one of the original equations, and solve for y.

the final amount you will pay is $68.04.

the tip is determined by the pre-tax amount, so we calculate the tip based on the original bill, not after we've added sales tax.

to find the tip:

we can divide 54.00 by 100 to get 1% of 54. then we multiply that by 18.

54 / 100 = .54

.54 x 18 = 9.72

tip = 9.72$

to find the tax:

we can divide 54.00 by 100 to get 1% of 54. then we can multiply that by 8 to get 8%.

54 / 100 = .54

.54 x 8 = 4.32

tax= 4.32

now we can add the tip and tax to the bill to get our total.

54 + 9.72 + 4.32 = 68.04

total: $68.04

step-by-step explanation: