
Concept explainers
The solution percent of loss.

Answer to Problem 4P
Explanation of Solution
Given information:
Elena bought some shares of shock at
Calculation:
From the given information, find the percent of loss are as shown below:
Elena bought some shares of shock at
Find the decrease in the price:
Find the percent of decrease by using the formula:
Thus, the solution is
Chapter 7 Solutions
Algebra: Structure And Method, Book 1
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