Question

the price per share of a company increase from $16 to $20. what is this percent increase of the price per share of the company

Answer 1

25%

Explanation:

In order to find the answer we must calculate the percent change between 16 and 20. In order to calculate the percent change we will use the following formula:


`(v2-v1)/(Iv1I) *100`
Substitute and solve:

`(20-16)/(I16I) *100\\20-16=4\\(4)/(16) =0.25\\0.25*100=25\\=25`

The percent increase between 16 and 20 is a 25% increase.

I hope this helps.