Question

If a share of a stock jumped from $9 to $25, what was the percent increase of this stock (rounded to the

nearest tenth)?

Answer 1

Answer: 177.8

Step-by-step explanation: To find the percent increase, we have to use this formula:

New value-old value/ old value x 100

So, following this formula, we would do 25-9, which, is 16, divided by 9. That would be 1.777... So now let's round that to 1.78, so 1.78 x 100 = 177.8. I hope this helped.