151k views
5 votes
A company's stock was selling at

$20 a share. A month later, it was
selling at $26 a share. What is the
percent gain?

2 Answers

11 votes

Answer:

30%

Explanation:

The stock gained by 6. So 6/20. Next we want to turn the denominator (20) into 100 through multiplication. 20 * 5 = 100. Multiply the bottom AND top by 5 which equals 30/100. Thus the percentage is 30%

Happy New Years Eve!

User Deepseapanda
by
8.9k points
5 votes

Answer:

30%.

Explanation:

Divide the increase by the original price x 100%.

26-20/20, then do 6/20. 6/20 is also equivalent to 30/100 so the percentage would also be 30%.

Hope that helps. x

User Brian Smith
by
7.4k points

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