Question

Tessa bought stock in a restaurant for $277.00. Her stock is now worth $346.25. What is the percentage increase of the value of Tessa's stock?

Answer 1

25%

Explanation:

This is calculated this way:

$346.25/$277 = 1.25

Then subtract 1, because that part represents what Tessa had to start with. That leaves

0.25

That decimal equals 25%, and that is the answer.

Answer 2

125%

Explanation:

Divide 346.25 by 277

you get 1.25

multiply it by 100