Question

If you bought a stock last year for $59 and it risen 13% how much is the stock worth now

Answer 1

$
`\underline{ \underline { \sf{ \bold{66.67}}}}`

Explanation:

Price of stock bought = $ 59

% rise = 13%

Price of stock rise :

⇒
`\sf{13\% \: of \: 59}`

⇒
`\sf{ (13)/(100) * 59}`

⇒$
`\sf{7.67}`

New price is 13% more than $ 59

Hence, New price = $ 57 + $ 7.67

= $ 66.67

Hope I helped!

Best regards!!