Question

Tessa bought stock in a restaurant for $208.00. Her stock is now worth $284.96. What is the percentage increase of the value of Tessa's stock?

Answer 1

37.04%

Explanation:

To find the percentage increase in the value of Tessa's stock, we need to calculate the difference between the original price and the current price, and then divide that difference by the original price, and multiply by 100 to express the result as a percentage.

Here is the calculation:

percentage increase = ((284.96 - 208.00) / 208.00) * 100

= (76.96 / 208.00) * 100

= 37.04 * 100

= 37.04%

So Tessa's stock has increased in value by 37.04%.

Answer 2

37 % increase

Explanation:

To find the percentage increase, take the new amount and subtract the original amount

284.96 -208 =76.96

Divide this by the original amount

76.96/208=.37

Change the decimal form to a percent

.37 * 100% = 37 %