Question

At the beginning of the day, the sum of the stocks in the Dow Jones was $10,335.24. At the end of the day, the sum of the stocks in the Dow Jones was $10,215.78. What was the rate of change of the Dow Jones on this particular day?



A. –1.2%

B. 1.2%

C. –1.3%

D. 1.0%

Answer 1

Answer: A. –1.2%

Step-by-step explanation:

Since, the initial sum of the stocks = $ 10,335.24

While, the final sum of the stocks at the end of the day = $ 10,215.78

Thus, the percentage change in the sum of stocks

= $\frac{\text{Final sum - intial sum}}{\text{ Final sum}}\times 100$

= $\frac{10,215.78 - 10,335.24}{10,335.24}\times 100$

= $\frac{-119.46}{10,335.24}\times 100$

= $-\frac{11946}{10335.24}$

= $-1.15585124\% \approx -1.2\%$

⇒ Option A is correct.

Answer 2

Answer:

-1.2% -_- APEX

Step-by-step explanation: