Question

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

Answer 1

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\%`