Question

a stock was selling at $120 per share. a month later, it was selling at $150 per share. what is the percent increase?

Answer 1

25%

Explanation:

The formula to find percent increase is
`100 * (final-initial)/(|initial|)`. We're given the initial value as 120 and the final value as 150.

• 
  `100*(150-120)/(|120|)`
• 
  `100*(30)/(120)`
• 
  `100*(1)/(4)`
• 
  `100/4`
• 
  `25`

Therefore, the percent increase is 25%.