Question

A stock lost 8 3/8 points on Monday and then another 1 5/8 points on Tuesday. On Wednesday, it gained 13 points. What was the
net gain or loss of the stock for these three days?

Answer 1

Answer:

The stock in last three days has a net gain of 3.

Step-by-step explanation:

The net change of the stock is the sum of daily changes in last three days. Please notice that positive sign means means for gain, whereas negative one is for loss. Based on information given on statement, we determine the net change in the stock:

$x = -\left(8 + \frac{3}{8} \right)-\left(1+\frac{5}{8} \right) + 13$

$x = 3$

The stock in last three days has a net gain of 3.