The share price fell 60%. How many times did the share fall?

univerkov | January 13, 2021 | education

1. If the value of the stock has decreased by 60%, subtract this discount from 100% and get the value of the stock today in percent:
100 – 60 = 40%.
2. Let’s check how many times the share has fallen in price by dividing 100% by the current value of the share as a percentage of the former value:
100% / 40% = 2.5%.
Answer: the share fell 2.5 times.

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