In one day, the stock price for Zell Computers rose from $50 to $57 per share. By what percent did this stock price rise?

Mathematics

1 answer:

netineya [11]3 years ago

4 0

The stock price rose by 14%

Percentage is the fraction of a sum expressed as a number out of hundred.

Percentage price increase = (change in price / initial price) x 100

In order to determine the answer, the following information is needed :

Change in stock price:

New price - Initial price

$57 - $50 = $7

Initial price = $50

Percentage increase in stock price : ($7 / $50) x 100 = 14%

In order to determine the percentage increase in the stock price, express the increase in price as a fraction of the initial price and multiply by 100

To learn more about percentages, please check: brainly.com/question/92258?referrer=searchResults

You might be interested in

What is the Surface Area of this Prism?

larisa86 [58]

Answer:

The lateral surface area of a prism is the sum of the areas of its lateral faces. The total surface area of a prism is the sum of the areas of its lateral faces and its two bases.

5 0

3 years ago

A kite is flying with its string, which is of length 60 metres, taut.The kite is 20 metres vertically above the ground.a)Find th

chubhunter [2.5K]

a) Due to you have a right triangle, in order to calculate the value of d, use the Pythagorean thorem: