On Monday, a company stock closed at a price of $30.80 per share. On Tuesday, it increased by $1.20 per share. On Wednesday, it fell by 6.25%. On Thursday, it fell by another 4%, and on Friday, it increased by 2.5%. What is the net change in the stock price from Monday to Friday?

The net change in stock from Monday to Friday is $ 3.2956.Step-by-step explanation:Given,Price of stock on Monday = $ 30.80On Tuesday, it increased by $1.20 per share.On Wednesday, it fell by 6.25%On Thursday, it fell by 4%On Friday, it increased by 2.5%To find the net change from Monday to Friday.Formula:If the value increased by a% in x, the value will be = x×[tex]\frac{(100+a)}{100}[/tex]If the value decreased by a% in x, the value will be = x×[tex]\frac{(100-a)}{100}[/tex]Solution:Price of stock on Monday = $ 30.80Price of stock on Tuesday = $ 30.80×1.20 = $ 36.96Price of stock on Wednesday = $ 36.96×[tex]\frac{(100-6.25)}{100}[/tex]= $ 34.65Price of stock on Thursday = $ 34.65×[tex]\frac{(100-4)}{100}[/tex]= $ 33.264Price of stock on Friday = $ 33.264×[tex]\frac{(100+2.5)}{100}[/tex]= $ 34.0956Hence,The net change in stock from Monday to Friday is = $(34.0956-30.80)= $ 3.2956