Question

A comapny's stock was selling 16$ a share. A month later it was selling at 20$ a share. What is the percentage gain?

Answer 1

Answer: 25%

Step-by-step explanation:

Given

Initial Cost of share $C.P.=16$

After a month, its selling price is $S.P.=20\ \ \text{per share}$

The gain percentage is given by

$\Rightarrow \text{Gain }\ \%=\dfrac{\text{S.P.-C.P.}}{\text{C.P.}}\times 100$

$\Rightarrow \text{Gain}\ \%=\dfrac{20-16}{16}\times 100=25\%$