Question

The price of a share of Arbor's stock increased from 24 1/2 to 36 1/2. How many points did the stock increase? (Points : 1)

Answer 1

We find the difference between the two values:
36.5 - 24.5
= 12.0

The stock increased by 12.0 points.

Answer 2

Answer:

The increase in point's in stock are:

12 points.

Step-by-step explanation:

The price of a share of Arbor's stock increased from 24 1/2 to 36 1/2.

i.e. initial stocks were= 24 1/2

it is given in mixed fraction we will change this to improper fraction as:

$24\dfrac{1}{2}=\dfrac{24\times 2+1}{2}\\\\24\dfrac{1}{2}=\dfrac{49}{2}$

similarly the changed value of stocks is:36 1/2

On changing this mixed fraction value to improper fraction we get:

$36\dfrac{1}{2}=\dfrac{36\times 2+1}{2}\\\\36\dfrac{1}{2}=\dfrac{73}{2}$

Now, the change in the stock's value is:

$\dfrac{73}{2}-\dfrac{49}{2}\\\\=\dfrac{73-49}{2}\\\\=\dfrac{24}{2}\\\\=12$

Hence, the stock's increased by:

12 points.