A stock's price decreased from $200 to $150. What is the percentage decrease?

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Question: A stock\'s price decreased from $200 to $150. What is the percentage decrease?

Options:

Correct Answer: 25%

Solution:

Percentage Decrease = [(Old Price - New Price) / Old Price] * 100 = [(200 - 150) / 200] * 100 = 25%.

A stock's price decreased from $200 to $150. What is the percentage decrease?

A stock's price decreased from $200 to $150. What is the percentage decrease?

Step 1: Identify the old price of the stock, which is $200.
Step 2: Identify the new price of the stock, which is $150.
Step 3: Calculate the decrease in price by subtracting the new price from the old price: 200 - 150 = 50.
Step 4: Divide the decrease in price by the old price: 50 / 200.
Step 5: Calculate the result of the division: 50 / 200 = 0.25.
Step 6: Convert the result into a percentage by multiplying by 100: 0.25 * 100 = 25.
Step 7: The percentage decrease is 25%.

Percentage Decrease – The percentage decrease is calculated by taking the difference between the old price and the new price, dividing it by the old price, and then multiplying by 100 to convert it to a percentage.