Question

After the Shermania sale, Shermstop’s stock price went from $5 value to $315. How much is the percent of increase in the price of the stock’s value?

PLZ HELP I NEED IT RIGHT NOW PLZ:

Answer 1

6200%

Explanation:

$5=100%

each five more is another 100%

$315-$5= $310

$310÷$5= $62

$62x 100%= 6200%