Question

3. The Dow Jones Industrial Average fell 2% today. The Dow began the day
at 8,800. What was the Dow at the end of the day after the 2% drop?
a. 8,600
b. 8,976
c. 8,624
d. 8,720
and explain how to do it ​

Answer 1

Answer:

option C  "8624"

Step-by-step explanation:

$percentage of Dow at end=\frac{Dow at end}{total Dow}*100\\ 2=\frac{Dow at end}{8,800} *100\\2*\frac{8,800}{100}=Dow at end\\Dow at end=8,624$