Question

A company’s stock increases from $18.30 to $54.90 over a 3-year period. What is the percent increase?

Answer 1

54.9=300% of 18.3

(200% increase)

Answer 2

the answer is 66.67%

Explanation:

54.90-18.30=36.60

36.60÷54.90×100=66.666666666... or 66.67%