Ask Question
6 January, 03:30

The stock of Company A gained $3.08 throughout the day and ended at a value of

$91.08. By what percentage did the stock rise?

+2
Answers (1)
  1. 6 January, 07:27
    0
    The stock grew price grew by 3.5%

    Step-by-step explanation:

    To find by how much a number grew we apply the growth formula:

    %change = (present value-past value) / (past value) * 100

    Whilst we know that the present value is 91.08, we need to calculate the past value by subtracting the growth to the present value.

    past value=91.08-3.08

    The past value was 88.00

    Applying the formula:

    (91.08-88.00) / 88.00*100=3.5%
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The stock of Company A gained $3.08 throughout the day and ended at a value of $91.08. By what percentage did the stock rise? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers