Question

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

Answer 1

Answer:

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

Step-by-step explanation:

Price of stock bought = $ 59

% rise = 13%

Price of stock rise :

⇒$\sf{13\% \: of \: 59}$

⇒$\sf{ \frac{13}{100} \times 59}$

⇒$ $\sf{7.67}$

New price is 13% more than $ 59

Hence, New price = $ 57 + $ 7.67

= $ 66.67

Hope I helped!

Best regards!!