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5 January, 17:39

The price of a technology stock was $9.59 yesterday. today, the price rose to $9.66. find the percentage increase. round your answer to the nearest tenth of a percent.

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  1. 5 January, 20:43
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    First, calculated for the difference between the two prices. That is, $9.66 - $9.59 which is equal to $0.1. Divide this value by the original price and then multiply by 100%. This is shown below,

    ($0.1 / $9.59) x 100% = 1.0427%

    Thus, the percentage increase is approximately 1.0%.
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