Math Problem Statement
During a week. the stock of M.A.T.H cooperation had the following changes in price: Money up to 4 points: Tuesday, down 6 points; Wednseyday, up 3 and 1 half points: Thursday up 1 and a quarter points; Friday down 5 and a 8th of a point. What was the net change in price of the stock for the week
Solution
To find the net change in price of the stock for the week, let's break down the changes for each day and sum them up.
Day-by-day changes:
- Monday: Up 4 points →
- Tuesday: Down 6 points →
- Wednesday: Up 3 and 1/2 points →
- Thursday: Up 1 and 1/4 points →
- Friday: Down 5 and 1/8 points →
Now, sum all the changes:
Net change:
The net change in price of the stock for the week is -2.375 points (a decrease of 2.375 points).
Would you like more details or have any questions?
Here are five questions related to this topic:
- How do fractional points affect stock prices?
- How can one calculate percentage changes from point values?
- What are common reasons for daily stock price fluctuations?
- How do cumulative stock changes impact investor decisions?
- How does rounding affect the accuracy of stock price reporting?
Tip: Always convert mixed numbers to fractions or decimals to simplify calculations.
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Arithmetic
Fractions
Decimals
Addition and Subtraction of Fractions
Formulas
Sum of fractional changes
Conversion of mixed numbers to improper fractions
Theorems
-
Suitable Grade Level
Grades 6-8
Related Recommendation
Calculate Net Gain or Loss in Stock Prices: Problem and Solution
Calculate Net Change in Stock Price Over Four Days
Calculate the Total Change in the Stock Market Using Mixed Fractions
Calculate Original Share Price and Percent Change Over Two Years
Determine the Share Price Change on Friday Based on Weekly Changes