Question

The price of a technology stock was $9.69 yesterday. Today, the price rose to $9.80. Find the percentage increase. Round your answer to the nearest tenth of a percent.

Answer 1

• Percent increase was 1.1%

Explanation:

Step 1

Find the price increase in number:

• $9.80 - $9.69 =
• $0.11

Step 2

Find the percent increase, relevant to initial price:

• $0.11/$9.69 × 100% =
• 1.1% (rounded to the nearest tenth)