Question

The price of a technology stock has risen to 9.71 today yesterday price was 9.58 find the percentage increase round your answer to the nearest tenth of percentage

Answer 1

Today's stock prise is 9.71

Yesterday's stock price is 9.58

The increament in stock price is

`(9.71-9.58)=0.13`

Then, percentage of increament is

`\begin{gathered} (0.13)/(9.58)*100=1.3569 \\ \approx1.4 \end{gathered}`

So, the percentage icreased after rounding tothe nearest tenth is 1.4