Question

An investor has an account with stock from two different companies. Last year, her stock in Company A was worth $1700 and her stock in Company B was worth $500. The stock in Company A has increased 20% since last year and the stock in Company B has increased 12%. What was the total percentage increase in the investor's stock account? ​

Answer 1

All together she had a 18.1818182% raise but 18% raise rounded.

Explanation:

First you need to find how much each stock increased.

So:

1700 to 2040

500 to 560

Add them.

1700 + 500 = 2200

2040 + 560 = 2600

Then find the raise. You can usally just find the amount for each percent or find the over all raise.

1% of 2200 is 22

400/22 = 18.18