Real numbersA stock lost 8 and 3/8 on Monday, 1 and 5/8 points on Tuesday. On Wednesday, it gained 13 points. What was the net gain or loss of the stocks for these three days?

Respuesta :

Answer: The net gain was 3 stocks for these three days.

Explanation

Given

• Monday: lost 8 and 3/8.

,

• Tuesday: lost 1 and 5/8 points.

,

• Wednesday: gained 13 points.

Procedure

To calculate the net gain, we have to add all the values we are giving, considering that the stock lost will have a negative sign:

[tex]\text{Net gain}=Gains-losses[/tex]

0. Calculating the losses

We have to mixed numbers, for which we can add the whole numbers and the fractions separately.

• Whole numbers

[tex]-8-1=-9[/tex]

• Fractions

[tex]-\frac{3}{8}-\frac{5}{8}=-\frac{8}{8}=-1[/tex]

At last, we add both results and we get the losses:

[tex]losses=-9-1=-10[/tex]

2. Calculating the gains

As we only have one quantity, there is no need for calculations:

[tex]Gains=13[/tex]

3. Calculating net gain

Finally, we put both quantities in the formula:

[tex]\text{Net gain}=13-10=3[/tex]