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Help QUICK answer pls and step by step pls Mitch bought a stock for $40. The next day, he sold the stock for $42. What was the percent increase of the stock price?

Help QUICK answer pls and step by step pls Mitch bought a stock for $40. The next day, he sold the stock for $42. What was the percent increase of the stock price?
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Help QUICK answer pls and step by step pls

Mitch bought a stock for $40. The next day, he sold the stock for $42. What was the percent increase of the stock price?

asked
User Pisomojado
by
8.3k points

1 Answer

3 votes
Change / original : 2/40 = 1/20 = 5% increase
answered
User AnswerSeeker
by
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