A comapny's stock was selling 16$ a share. A month later it was selling at 20$ a share. What is the percentage gain?

Mauro Rocco asked Apr 7, 2022

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Mauro Rocco asked Apr 7, 2022

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21 votes

Answer: 25%

Explanation:

Given

Initial Cost of share
$C.P.=16\$$

After a month, its selling price is
$S.P.=20\$\ \text{per share}$

The gain percentage is given by

$\Rightarrow \text{Gain }\ \%=\frac{\text{S.P.-C.P.}}{\text{C.P.}}* 100$

$\Rightarrow \text{Gain}\ \%=(20-16)/(16)* 100=25\%$

Petras Purlys answered Apr 12, 2022

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