130k views
0 votes
If a share of a stock jumped from $9 to $25, what was the percent increase of this stock (rounded to the

nearest tenth)?

User Kittygirl
by
8.7k points

1 Answer

2 votes

Answer: 177.8

Step-by-step explanation: To find the percent increase, we have to use this formula:

New value-old value/ old value x 100

So, following this formula, we would do 25-9, which, is 16, divided by 9. That would be 1.777... So now let's round that to 1.78, so 1.78 x 100 = 177.8. I hope this helped.

User Carl Ekerot
by
8.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories