Problema Solution
During a Monday, the ratio of stocks declining in price to those advancing was 5 to 2. If 500,000 shares advanced, how many shares declined on that day?
Answer provided by our tutors
Let 'x' represent the number of shares that declined that day.
x : 500,000 = 5 : 2
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click here to see the equation solved for x
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x = 1,250,000 shares
During a Monday 1,250,000 shares declined.