The stock of Company A gained 6% today to $87.45. What was the opening price of the stock in the beginning of the day?

Respuesta :

The opening price of the stock at the beginning of the day was $82.5 and the stock of Company A gained 6% today to $87.45.

What is the percentage?

It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.

We have:

The stock of Company A gained 6% today to $87.45.

Let x be the opening price of the stock in the beginning of the day.

(x + 0.06x) = 87.45  

Because gained 6% today to $87.45

1.06x = 87.45

x = $82.5

Thus, the opening price of the stock at the beginning of the day was $82.5 and the stock of Company A gained 6% today to $87.45.

Learn more about the percentage here:

brainly.com/question/8011401

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