79.6k views
2 votes
In one day, the stock price for Warbucks Coffee rose from $50 to $55 per share. By what percent did this stock price rise?

User Mufaddal
by
4.4k points

1 Answer

4 votes

Answer:

110%

Explanation:

there is an equation i learnt a few weeks ago in school: percentage change = (current amount ÷ original amount) × 100 so in this case we do 55 ÷ 50 which equals 1.1 and then we multiply it by 100 to get 110%

i hope this helps :)

User Vadim Kirilchuk
by
4.0k points