Question

percentage increase the price of technology stock has risen to $9.71 today yesterdays price was 9.58 find the percentage increase round your answer to the nearest tenth of the percentage

Answer 1

Okay, here we have this:

We obtain the following expression to find the percentage increase:

Percentage increase=((New Price - Originial Price)/Original Price)*100

Let's replace:

Percentage increase=((9.71-9.58)/9.71)*100

Percentage increase≈%1.339

Rounded to the nearest tenth we obtain that the percentage increase is %1.0