Question

The price of technology stock has risen $9.62 today yesterday's price was $9.53 find the percentage increase round your answer to the nearest 10th of a percent

Answer 1

0.9%

Explanation:

To find the percentage increase, you can use the following formula:

Percentage change= ((Final price-Initial price)/Initial price)*100

Initial price= $9.53

Final price= $9.62

Variation= ((9.62-9.53)/9.53)*100

Variation= 0.9%

According to this, the percentage increase is 0.9%.