Question

The price of a technology stock has risen to $9.79 today. Yesterday's price was $9.72. Find the percentage increase. Round your answer to the nearest tenth of a percent.

Answer 1

0.7% increase

Explanation:

Subtract change from original price.

9.79-9.72= 0.07

Divide the answer by the original price.

0.07/9.72= 0.007201...

Convert into percent.

0.007201=0.7201%

Round

0.7%