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Original price = $70

Present value = $14

Value lost = ($70 - $14) = $56

Fractional loss = 56/70 = 0.8 = 80% . (Exact. No rounding required.)

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โˆ™ 2009-12-05 23:29:49
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Q: One share of stock which is originally sold for 70 dollars now sells for14 dollars what is the percent of decrease round to the nearest percent if necessary?
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