Question

The price of a technology stock was $ 9.56 yesterday. Today, the price rose to $ 9.69 . Find the percentage increase. Round your answer to the nearest tenth of a percent.

Answer 1

Answer and Step-by-Step explanation:

% increase = 100 x [(new price) - (original price)] / (original price)] = 100 (9.67 - 9.56) / 9.56

% increase ≅ 1.2% (to the nearest tenth)