Question

The stock of Company A gained $1.86 throughout the day and ended at a value of $94.86. By what percentage did the stock rise

Answer 1

Answer:

tTe answer is 1.96%

Step-by-step explanation:

given data

change in price/gain= $1.86

the closing price = $94.86

Required.

The percent rise.

Step two:

The formula for the percent rise is

=change/close price*100

substitute our given data

= 1.86/94.86*100

=0.0196*100

=1.96%