Question

Tessa bought stock in a restaurant for $173.00. Her stock is now worth $242.20. What is the percentage increase of the value of Tessa's stock?

Answer 1

The percentage increase in Tessa's stock is 40%

Explanation:

Given that:

Previous worth = $173

Worth now = $242.20

We have to find percentage increase which can be known by subtracting previous worth from present worth and multiplying it by 100:

Percentage increase = $242.20 - $173 = $69.2

Percentage increase = $69.2/173 *100

Percentage increase = 40%

i hope it will help you!