Falling metal prices

Algebra Level 1

The price of Silver Shares (SLV) dropped from US$28.50 (per share) in early March 2013 to US$21.78 (per share) in late May 2013. If you owned 100 shares of SLV, how much money (in US$) would you have lost during this time period?


The answer is 672.

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86 solutions

Elso Elumbaring
Jul 15, 2013

(28.50 US$ - 21.78 US$) x 100(number of shares) = 672 US$

Timothy Wong
Jul 15, 2013

1st solution:

March:

1 share=US$28.50

100 share= U S $ 28.50 × 100 = U S $ 2850 US\$28.50 \times 100=US\$2850

May:

1 share=US$21.78

100 shares= U S $ 21.78 × 100 = U S $ 2178 US\$21.78 \times 100=US\$2178

Loss in 100 shares = 2850 2178 = U S $ 672 2850-2178=US\$672

2nd solution:

Loss in 1 share = 28.50 21.78 = 6.72 28.50-21.78=6.72

Loss in 100 share = 6.72 × 100 = U S $ 672 6.72 \times 100=US\$672

Moderator note:

Nice having 2 solutions. Which version do you prefer? Why?

I think first is better bro.Because it's more simple than it master.

İsmail Hakkı Dur - 7 years, 10 months ago
Vaibhav Vashishth
Jul 14, 2013

Loss in one share=28.50-21.78 =6.72 Then loss in 100 shares =6.72*100=672$

Sargam Mundhra
Jul 15, 2013

price of 1 silver share at the beginning of march 2013 = US$28.50

price of 1 silver share by the end of march 2013 = US$21.78

rise in price of silver shares = US$28.50 - US$21.78 = US$6.72 = LOSS PER SHARE

no. of shares =100

so , loss = US$6.72 * 100 =US$672

SLV=price of Silver Shares

SLV {early}=US$28.50 per share SLV {late}=US$ 21.78 per share

If you owned 100 shares of SLV,

(Your Money) {early}=SLV {early} \times 100 shares =\frac {US$28.50}{share} \times 100 shares =US$2850

(Your Money) {late}=SLV {late} \times 100 shares =\frac {US$21.78}{share} \times 100 shares =US$2178

Then the money you lost this time period is

(Your Money) {lost}=(Your Money) {early} - (Your Money)_{late} = US$2850 - US$2178 =US$672

($28.50/share)(100shares) - ($21.78/share)(100shares) = $2850-$2178 = $672

Adler Marques
Jul 15, 2013

28.50 - 21.78 = 6.72 x 100 = 672

Niloy Bose
Jul 15, 2013

(28.50 US$ - 21.78 US$) x 100(number of shares) = 672 US$

Varsha Jayaraman
Jul 15, 2013

Before drop in Early March:

Price of 1 share                       : US$28.50

Therefore, Price of 100 shares : US$28.50 x 100 = US$2850

After drop in Late May:

 Price of 1 share                      : US$21.78

Therefore, price of 100 shares : US$21.78 x 100 = US$2178

     Loss due to drop in share:

For 1 share : (US$28.50 - US$21.78) = US$6.72
Therefore for 100 shares : (US$28.50 - US$21.78) x 100 = US$6.72 x 100 = US$672

Azhar Ahmad
Jul 15, 2013

(28.50-21.78)*100=2850-2178=672

Price of shares has dropped from $28.50 to $21.78.

This implies the change in share rates or loss of amount to be $6.72

For 1 share if it is a loss of $6.72 ,then for 100 shares it would be

[ 6.72 × 100 6.72\times100 =$ 672 672 ].

Kanming Xu
Jul 15, 2013

(28.50 US$(original cost) - 21.78 US $(cost after)) x 100(number of shares) = 6.72 *100 = 672 US$

Kushagra Agrawal
Jul 15, 2013

Total money lost = (money lost in one share)* total no. of shares Here money lost in one share= 28.5-21.78 = 6.72 Total shares = 100 Therefore total loss = 6.72*100= 672

Kshitij Johary
Jul 15, 2013

We know that in early March 2013, the price of Silver Shares (SLV) was US$ 28.50 and in late May it dropped to US$21.78. Therefore, drop in prices = 28.50 - 21.78 = US$6.72

We own 100 shares. Hence, our loss is 6.72 x 100 = US$672

So, the loss in share value of 100 shares is US$672.

Joshua Crouch
Jul 15, 2013

In early March you have 100 shares of SLV worth US$28.50. US$28.50 x 100=US$2850. In late May you have 100 shares of SLV worth US$21.78. US$21.78 x 100=US$2178. US$2850-US$2178=US$672.

lost per share = US$28.50 - US$21.78 = US$6.72 lost in 100 shares = US$672 * 100 = US$672

Felita Mustika
Jul 15, 2013

we know, each share price dropped from U$ 28.50 to U$ 21.78. We have 100 shares. At first, we have U$ 28.50 * 100 = U$ 2850. Now, we have only U$21.78 * 100 = U$ 2178. So, we lost U$ 2850 - U$ 2178 = U$ 672

(28.50 * 100) - (21.78 * 100) = 672

Sayron Andaya
Jul 15, 2013

loss for one share =6.72 loss for 100 share=6.72*100=672

Tanisk Annapurna
Jul 15, 2013

cost of 1 share of slv in march = $28.50 cost of 100 share of slv = $28.50 \times 100 = $2850 now, cost of 1 share of slv in may = $21.78 cost of 100 share of slv = $21.78 \times 100 = $2178 so the loss is $2850 - $2178 = $672

Windon Simbolon
Jul 15, 2013
Parag Mundhada
Jul 15, 2013

price of 100 shares in march 2013 =28.50 100=2850
price of 100 shares in may 2013 =21.78
100=2178
loss =2850-2178=672

Sharath Gavini
Jul 14, 2013

the clear solution is... the difference between the two prices gives the loss encountered per each share. Hence the loss on each share is $6.72. If you have owned 100 shares multiply the loss per each share with 100. Therefore, the loss per hundred shares is $672..

$28.50 - $21.78 = 6.72

Therefore, $28.50(100) - $21.78(100) = 6.72(100) which results in $2,850 - $2,178 = $672

Junia Estequi
Jul 14, 2013

Em março as ações custavam US$28.50 cada, já em maio US$21.78. Logo, se alguém tinha 100 ações, teria também US$2850, como elas desvalorizaram, passaram a valer o total de US$2178, que equivale a US$21.78x100. Para calcular o dinheiro perdido basta subtrair os valores:

  • 2850 - 2178 = 672.

A resposta é 672.

Shaliny Devi
Jul 14, 2013

28.50-21.78= answer answer x 100= final answer

28.50 - 21.78

Rolan Nayanga
Jul 14, 2013

28.50 100-21.78 100

Prateek Thakur
Jul 21, 2013

(28.50-21.78)X100=6.72X100=$672

Mouad Mellouki
Jul 21, 2013

Solution =2850$-2178$=672$

28.5 - 21.78 =6.72 we lost 6.72 per share.So in 100 shares it becomes 672

Shivam Dubey
Jul 21, 2013

Check out for the decrease and simply multiply it out with 100 as time period is not changing.

Kiriti Mukherjee
Jul 21, 2013

( 28.50 × 100 ) ( 21.78 × 100 ) = 672 (28.50 \times 100) - (21.78 \times 100) = \boxed {672}

Fazlarabbi Himel
Jul 21, 2013

I have lost (28.50-21.78 )=6.72 for 1 share.i lost for 100 share (6.72*100)=672

Brad Cork
Jul 20, 2013

(28.50 - 21.78) * 100

Shakib Mahmud
Jul 20, 2013

Loss for 1 share = 28.50 21.78 = 6.72 28.50 - 21.78 = 6.72

Loss for 100 shares = 100 6.72 = 672 = 100*6.72 = 672

Ahmed Ibrahim
Jul 20, 2013

lost money for one share = 28.5 - 21.78 = 6.72

so for 100 share , total lost = 100 * 6.72 = 672

Shubhanshu Saxena
Jul 20, 2013

Cost dropped = $28.5 - $21.78 = $6.72 SLV Owned = 100 Money lost = 6.72 * 100 = $672

Hien Thu Chu Thi
Jul 20, 2013

(28.50-21.78)x100

(28,5-21,78) = 6,72 x 100 = 672,00

Danrlley Maciel
Jul 20, 2013

Em Março temos que

1 ação -----> 28,50 US$ 100 ações -----> 2850 US$

Em Maio

1 ação -----> 21,78 US$ 100 ações -----> 2178 US$

assim calculando o prejuizo de Março a Maio

2850 - 2178 = 672 US$

Kalyph Dioquino
Jul 20, 2013

money at march less money on may:

2850 - 2178 = 672

Nishargo Nigar
Jul 20, 2013

$28.50-$21.78=6.72 6.72*100=672

Sheen Sanz
Jul 20, 2013

28.50-21.78 = 6.72

6.72*100 = 672

Rushie Rushyanth
Jul 20, 2013

difference is 6.72 and share is 100. so the solution is 6.72*100

Nelvson Shine
Jul 20, 2013

first we subtract the first price of SLV to know how much we lost per share : 28.50 21.78 = 6.72 28.50 - 21.78 = 6.72

because we have 100 shares of SLV, then we multiply our lost per share with 100 : 6.72 × 100 = 672 6.72 \times 100 = 672

then the correct answer is 672 672

Ashish Kumar
Jul 20, 2013

Just subtracted the amount and multiplied by 100

Hermando Lozano
Jul 20, 2013

100( 28.5-21.78)=672

Diony Ordoña
Jul 20, 2013

28.50-21.78= 6.72 6.72*100=672

Maxmer Murao
Jul 20, 2013

( $28.5 per share - $21.28 per share ) * 100 shares = $672

Oj Sheng
Jul 19, 2013

(28.50$ 100)-(21.78$ 100)

Peter Latif
Jul 19, 2013

672

Emma Clayden
Jul 19, 2013

28.50 100 - 21.78 100 = 672

(US$ 28.50 - US$ 21.78) x 100 = US$ 672

Tara Rooney
Jul 19, 2013

28.50 - 21.78 = 6.72 * 100 = $672

Maroof Mandal
Jul 19, 2013

(28.50 US$ - 21.78 US$) x 100(number of shares) = 672 US$

Dani Bartomeus
Jul 19, 2013

(28.5-21.78)*100

Appee Arguelles
Jul 18, 2013

(28.50-21.78) x 100 = 672

  • slv_before = 28.5
  • slv_after = 21.78

(slv before * 100) - (slv after * 100)

Tushar Gopalka
Jul 18, 2013

Initial Value=28.5 US& Final Value=21.78 US$ Loss is one share =US$(28.5-21.78)=6.72 US$ Hence, for 100 shares, the total loss = 6.72*100 =672.

Saad Nisar
Jul 18, 2013

drop in share = 28.50 -21.78 = 6.72 if you have hundred share then loss = 6.72 * 100 = 672

Jehanzaib Basra
Jul 18, 2013

(28.50-21.78)100=672

Hugo Concolato
Jul 18, 2013

28,50 - 21,78 = 6,72 por ação. Como ele tinha 100 ações irá perder: 100 x 6,72 = 672

subtract the two rates and multiply the difference by 100.

Rashedul Munna
Jul 18, 2013

First Minus ($28.50-$21.75)=6.72 and than multiply it by 100 Shares.

M a r c h M a y ( P e r s h a r e ) = $ 6.72 March-May(Per\;\;share)=\$6.72

For 100 s h a r e s 100 shares , just multiply and we get to lose $ 672 \$672

Asim Rais
Jul 18, 2013

28.50= 1 shares (28.50x100) - 21.78=1 shares (21.78x100) = 672US$ lost .

Mahmoud Hassan
Jul 17, 2013

(28.50x100)-(21.78x100)=672us$

Gean Rebelo
Jul 17, 2013

28.50-21.78=6,72x100=US$672

Aktar Jezz
Jul 17, 2013

(28.50US$-21.78US$)*100(NO. OF SHARES)=672US$

A.J Pradana
Jul 17, 2013

In early march = US$ 28,50 ; in late march = US$ 21,78 ; number of shares = 100

So, how much money would have lost during March is (28,5 - 21,78) . 100 = 6,72 . 100 = 672

(28.50$- 21.78$) * 100= 672$

Ritesh Patel
Jul 17, 2013

(28.50 US$ - 21.78 US$) x 100(number of shares) = 672 US$

Franstio Setiawan
Jul 17, 2013

First, you need to find the amount you lose per share (in US$/share)

US$28.50/share - US$21.78/share = US$ 6.72/share.

Then, you can now multiply the number of your loss per share with your total share.

Total money lost = US$6.72/share * 100 share = US$672.

Zona Ida
Jul 17, 2013

The prices of SLV US$ 28.50 x 100 (number of share) = US$ 2850.

US$ 21.78 x100 (number of share) = US$ 2178.

US$ 2850 - US$ 2178 = US$ 672

Anan Khoir
Jul 17, 2013

100 * (US$ 28.50 - US$ 21.78) = US$ 672

Miftahul D'sms
Jul 16, 2013

(US$28.50-US$21.78)*100=US$672

Samuel Hutauruk
Jul 16, 2013
Wasif Khan
Jul 16, 2013

($28.50-$21.78)*100=672$

Kenza Lefrouh
Jul 16, 2013

100 x 28,5=2850$ and 100 x 21,78=2178$ so the loss is 2850 - 2178=672

Johann Laurena
Jul 16, 2013
Raja Fakirchandra
Jul 16, 2013

Loss on 1 share=US$28.50-US$21.78

                   =US$6.72

So, Loss on 100 share=6.72 X 100

                            =US$ 672
Neha Samnhotra
Jul 15, 2013

1 share in early march 2013 = 28.50$, 1 share in late may 2013 = 21.78$, so the money lost in 1 share during this time period = 6.72$ and thus money lost if i had owned 100 shares = 6.72*100 = 672$

Dian Pradita
Jul 15, 2013

I like it

Hassan Iqbal
Jul 15, 2013

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