The stock of Company A gained 6.5% today to $40.47. What was the opening price of the stock in the beginning of the day?

$37.84

So we know that we need to see what to multiply $40.47 by to find the price of the stock from the beginning.

First, we need to subtract 100% by the percentage of gain.

100% - 6.5% = 93.5%

Next, we need to divide 93.5% by 100.

93.5% ÷ 100 = 0.935

Lastly, we multiply $40.47 by 0.935 and round it to the nearest hundredth.

40.47 × 0.935 = 37.83945 --> 37.84

Fianl result: $37.84

total amount of money that he should pay if he has not used his duty free exemption is $98

step-by-step explanation:

given a united states citizen returning to the states declares the following items at the customs office: 3 shirts at $8.50 each 2 dresses at $27.50 each 1 pair of gold cuff links at $17.50 per pair. we have to find how much he pay

cost of 3 shirts if one cost at $8.50 is

cost of 2 dresses if one cost at $27.50 is  

cost of 1 pair of gold cuff at $17.50

so, total amount of money that he should pay if he has not used his duty free exemption is   $25.5+$55+$17.50=$98