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kow [346]
3 years ago
11

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

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