146k views
5 votes
The current price of each share of a technology company is $135, If this represents a 16.2% increase over last year what was the price per share a year ago. Show work and solve using percent of change

User Ian Colton
by
9.2k points

1 Answer

3 votes
The answer is $116.18. 135 is 116.2% of the previous year.
User Atok
by
7.9k points