The price of a technology stock was $9.56 yesterday. Today, the price rose to $9.67. Find the percentage increase. Round your answer to the nearest tenth of a percent.

Question

asked Feb 3, 2019 126k views

1 Answer

Sgaduuw · Answer 1 · 2019-02-07T13:04:58+0000

Alright, lets get started.

The price of a technology stock was $9.56 yesterday.

Today, the price rose to $9.67.

So, the amount in price increase is =
9.67-9.56 = 0.11 $

So, the percentage increase in the price will be =
(0.11)/(9.56)*100

So, the percentage increase in the price will be = 1.150 %

to the nearest tenth will be 1.2 %.

So, the percentage increase in the price of technology stock is 1.2%. : Answer

Hope it will help :)