Question 3
the stock market crash of 1929 saw many share prices collapse to a fraction of their previous value. the worst period for this were the two
days monday, october 28 and tuesday, october 29 in which the dow jones industrial average dropped by a total of 25% to a value of 198
points. what was its value before the 2-day drop?

Question

06-06-2022
Mathematics

contestada

Question 3
the stock market crash of 1929 saw many share prices collapse to a fraction of their previous value. the worst period for this were the two
days monday, october 28 and tuesday, october 29 in which the dow jones industrial average dropped by a total of 25% to a value of 198
points. what was its value before the 2-day drop?

Respuesta :

Otras preguntas

How can you write 23/10 as a mixed number

The dodo was a flightless bird that became extinct in the 1600s. It is believed that one cause of the dodo's disappearance was the destruction of the forests wh

F + 0.3 < 1.7 I need help with this question its tricky

What would happen if i accidentally ate some ant poison

I'm writing a story and I don't know where to begin. Basically its about two kids who find an old box in they're grandparents garage and that there's papers abo

the shape of the nucleus is maintained by

quotient of 66 and 3

Which attribute is NOT an element of giving one's best effort? a. setting aside personal issues while competing b. always putting forth a maximum effort c. le

According to the lesson, the economic doctrine that opposes government regulation of the economy is called _____. perestroika laissez-faire glasnost coup d'etat

What fraction is a full turn of 1 degree?

joaobezerra joaobezerra · Answer 1 · 2022-06-17T17:26:01+02:00

Using proportions, it is found that it's value before the 2-day drop was of 264 points.

What is a proportion?

A proportion is a fraction of a total amount, and the measures are related using a rule of three.

In this problem, the value dropped by 25%, that is, it was 75% of the original amount, and the dropped value was of 198 points, hence the original amount was:

0.75x = 198

x = 198/0.75

x = 264

More can be learned about proportions at https://brainly.com/question/24372153

#SPJ1