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vlabodo [156]
3 years ago
14

The price of a technology stock has risen to $9.64. Yesterday’s price was $9.55. Find the percentage

Mathematics
1 answer:
marshall27 [118]3 years ago
4 0

Answer:

0.942% (to 3 significant figures)

Step-by-step explanation:

Percentage Increase=(New price/old price-1) x 100

Percentage Increase = (9.64 / 9.55 - 1) x 100

= 0.942% (to 3 s.f)

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Answer:

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The percent markup is basically how much it is MORE than the original.

First, we need to find how much the selling price is more than cost.

Cost = 22.99

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How much is the markup, we just found, with respect to cost? That is the markup divided by cost, multiplied by 100 [to convert to percentage]. Shown below:

\frac{14}{22.99}*100=60.9

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