Question

10 points

The price of a technology stock was $9.69 yesterday. Today, the price rose to $9.80. Find the percentage increase. Round your answer to the nearest tenth of a percent.

Answer 1

The percentage increase is about 1%.

The explanation is using the higher or new value and divide it by the inceptive value which equals about 1%

9.80 divided by 9.69 = 1%