Question

The price per share of a professional sports team increased from $58 to $65 over the past year. What is the stock's percent increase during this time? Round your answer to the nearest percent.

Answer 1

`65-58=7\\\\(7)/(65)\cdot100\%=\\\\(700)/(65)\%=\\\\10.77\approx11\%\\\\The\ price\ increase\ about\ 11\%`