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The original selling price of a share of stock was d dollars. The selling price for a share of the same stock at a later date was represented by the expression 1.15(0.95d). Which description could explain what happened to the price of the share of stock?

A The price decreased by 5% and then increased by 0.15%
B The price decreased by 95% and then increased by 0.15%
C The price decreased by 5% and then increased by 15%
D The price decreased by 95% and then increased by 15%

Respuesta :

original selling price = d
selling price at a later date = 1.15(0.95d)

0.95d means that the original price was discounted by 5%
1.15 means that the price increased by 15%

So the correct answer choice is: 

C The price decreased by 5% and then increased by 15%

What happened to the price of the share of stock is the price decreased by 5% and then increased by 15%.

What is a percentage?

Percentage can be described as the fraction of a number expressed as a number out of hundred. The sign used to represent percentages is%. Percentages is a measure of frequency.

What happened to the stock's price?

When there is a percentage decrease, the number is subtracted from 100 and when there is a percentage increase, the number is added to 100.

100 - 5% = 95% = 0.95

100 + 15% = 115% = 1.15

To learn more about percentages, please check: https://brainly.com/question/25764815