If the Japanese stock market bubble peaked at 37,500, and two and a half years later it had fallen to 25,900, what was the percentage decline?
A) −10.31 percent
B) −27.63 percent
C) −30.93 percent
D) −69.07 percent

Question

Quizplus · Accepted Answer

The percentage decline is calculated as (37,500 - 25,900) / 37,500 * 100 = 11,600 / 37,500 * 100 = 0.3093 * 100 = 30.93%.

If the Japanese Stock Market Bubble Peaked at 37,500, and Two