Question

The price of a share of stock in Hilton (hotel) Company rose on Tuesday to a new 52 week high of $38.50. Last month the price was $21.30. What was the percentage increase? (use the % symbol in your answe

Answer 1

Given that the price of the stock increased from $21.30 to $38.50 in one months, the percentage rise will be given by:
% rise=(current price-previous price)/previous price × 100
=(38.50-21.30)/21.30×100
=17.2/21.30×100
=0.8075×100
=80.75%