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The price of a technology stock has business and $9.67 today. Yesterdays price was $9.54. Find a percentage increase. Round answer to the nearest 10th of a percent

User TheBaj
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1 Answer

29 votes
29 votes

we know that

Yesterday's price was $9.54 ----------> represents the 100% percentage

Applying proportion

Find out how much percentage represents the difference (9.67-9.54)

so


\begin{gathered} (100\%)/(9.54)=(x)/(\left(9.67-9.54\right)) \\ \\ x=\frac{100\operatorname{\%}}{9.54}*(9.67-9.54) \\ \\ x=1.4\% \end{gathered}

The answer is 1.4%

User Sharee
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