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#1 2006-12-21 04:58:48
- balasvce
- Member
- Registered: 2006-12-20
- Posts: 37
solve & explain plzzz
27) If the assets of a certain mutual fund dropped by 3.04
billion$ to 7.o4 billion$, what is the % dec in the asset.
a)0.4 b)4 c)5 d)25 e)40
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#2 2006-12-21 07:25:25
- pi man
- Member
- Registered: 2006-07-06
- Posts: 251
Re: solve & explain plzzz
The initial value was 10.08 (3.04 + 7.04) and the decrease was 3.04. The percentage decrease would be the amount of the drop divided by the initial amount. 3.04 / 10.08 ~= 30%. That's not one of your choices though.
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#3 2006-12-21 11:17:23
- John E. Franklin
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- Registered: 2005-08-29
- Posts: 3,588
Re: solve & explain plzzz
Yeah, somethings wrong.
igloo myrtilles fourmis
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