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23 March, 14:45

You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increase in the stock over 6 months?

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Answers (2)
  1. 23 March, 15:00
    0
    51 % increase

    Explanation:

    Stock A price = $23.00

    Stock A price after 6 months = $47.00

    Increase in price of Stock A = $47 - $23

    = $24

    Percentage increase in stick price = $24 x 100%

    $47

    = 0.510 x 100%

    = 51%

    The percentage increase in the price of Stock A is 51%

    Cheers
  2. 23 March, 15:23
    0
    104%

    Explanation:

    200*23=4600

    200*47=9400

    9400-4600=4800

    4800/4600=1.04

    1.04*100% = 104%! : D
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