Question

The price of technology stock has risen $9.87 today yesterday's price is $9.74 find the percentage increase round your answer to the nearest 10th of a percent percentage.

Answer 1

Explanation:

To find the percent increase, divide the increase by the original price.

P1 = price yesterday

P2 = price today

To find percent increase

`((p2 - p1))/(p1)`

Or to answer the question,

P1 = 9.74

P2 = 9.87

`((9.87 - 9.74))/(9.74) = 0.013347`

Or 1.33%