asked 79.6k views
2 votes
In one day, the stock price for Warbucks Coffee rose from $50 to $55 per share. By what percent did this stock price rise?

asked
User Mufaddal
by
8.5k points

1 Answer

4 votes

Answer:

110%

Explanation:

there is an equation i learnt a few weeks ago in school: percentage change = (current amount ÷ original amount) × 100 so in this case we do 55 ÷ 50 which equals 1.1 and then we multiply it by 100 to get 110%

i hope this helps :)

answered
User Vadim Kirilchuk
by
8.0k points
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