A stockholder owns 381.881 shares. By the end of the year, he had increased his number of shares by 14.814. What's the new total of shares owned by the stockholder?

Question

Mathematics

Deacon Barnes

13 May, 02:54

A stockholder owns 381.881 shares. By the end of the year, he had increased his number of shares by 14.814. What's the new total of shares owned by the stockholder?

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Answers (1)

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Chance Hickman · Answer 1

438.453 shares

Step-by-step explanation:

From my understanding, the question says that the shares were increased by 14.814%.

Therefore, we have to calculate the increase

Step 1: Calculate the increase

Previous shares : 381.881

Increase : 14.814%

Increase = 381.881 x 14.814% = 56.572

Step 2: Calculate the new total shares

New shares = 381.881 + (381.881 x 14.814%)

New shares = 381.881 + 56.572

News shares = 438.453

Therefore, the new total shares owned by the stockholder are 438.453 shares.

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