Solve the problem.
-A share of $X Y Z$ stock sold for $\$ 14 \frac { 1 } { 3 }$ yesterday and for $\$ 5 \frac { 3 } { 4 }$ today. If Martin owns 70 shares, how much less are the shares worth today than yesterday?
A) $\$ 2060$
B) $\$ 58 \frac { 1 } { 3 }$
C) $\$ 200$
D) $\$ 600 \frac { 5 } { 6 }$

Question

Quizplus · Accepted Answer

The value of each share decreased by $14 \frac{1}{3} - 5 \frac{3}{4} = 13 \frac{4}{12} - 5 \frac{9}{12} = 8 \frac{7}{12}$ dollars. For 70 shares, the total decrease is $70 \times 8 \frac{7}{12} = 560 + 40 \frac{5}{6} = 600 \frac{5}{6}$ dollars.

Solve the Problem XYZX Y ZXYZ Stock Sold For $1413\$ 14 \frac { 1 } { 3 }$1431​

Solve the Problem $X Y Z$ Stock Sold For $\$ 14 \frac { 1 } { 3 }$