the price of a technology stock was $9.53 yesterday. Today, the price rose to $9.66. Find the percentage increase. Round your an

Question

Rasek [7]

3 years ago

8

the price of a technology stock was $9.53 yesterday. Today, the price rose to $9.66. Find the percentage increase. Round your an

swer to the nearest tenth of a percent.

Mathematics

1 answer:

galben [10] · Answer 1 · 2022-06-19T01:47:23+03:00

galben [10]3 years ago

6 0

So, 9.66 - 9.53 will then be 0.13, so if we take 9.66 to be the 100%, what is 0.13 off of it in percentage then?

$\bf \begin{array}{ccll}
amount&\%\\
\text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\
9.66&100\\
0.13&p
\end{array}\implies \cfrac{9.66}{0.13}=\cfrac{100}{p}\implies p=\cfrac{0.13\cdot 100}{9.66}$