The price of a technology stock was $9.63 yesterday. Today, the price rose to $9.70 . Find the percentage increase. Round your answer to the nearest tenth of a percent.
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percent change = ( (new value - old value) / (old value) )*100%
percent change = ( ( $9.64 - $9.73 ) / $9.63 ) *100%
= ( -$0.09 / $9.63 )*100%
≅ -0.9 % (note: -0.9% means 0.9% decrease)
percent change = ( ( $9.64 - $9.73 ) / $9.63 ) *100%
= ( -$0.09 / $9.63 )*100%
≅ -0.9 % (note: -0.9% means 0.9% decrease)
Answered by
1
Answer:
Step-by-step explanation:
the percentage increase is 2.07
the final price-the initial price
9.70-9.63=2.07
approximately to 2.1
i hope these is helpful
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