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Each month the stock decreased in value.

On January 1 it was worth $8,474.

On March 1 it was worth $3,323.

During February it decreased by $1,621.

During January it decreased by $_____.

Respuesta :

Answer:

During January it decreased by $3,530.

Step-by-step explanation:

Given data:

Value of stocks in January 1st = $8,474

Value of stocks on March 1st = $3,323

Decrease value during February = $1,621

To find the decrease value during January.

Solution:

Let the decrease value in dollars during January be = [tex]x[/tex]

So, value of stocks in dollars on 1st February will be = [tex]8474-x[/tex]

So, value of stocks in dollars on 1st March will be = [tex]8474-x-1621[/tex]

So, we have

[tex]8474-x-1621=3323[/tex]

[tex]6853-x=3323[/tex]

Subtracting both sides by 6853.

[tex]6853-x-6853=3323-6853[/tex]

[tex]-x=-3530[/tex]

Multiplying both sides by -1.

∴ [tex]x=3530[/tex]

Thus, during January it decreased by $3,530.

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