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2 years ago

a stock was selling at $120 per share. a month later, it was selling at $150 per share. what is the percent increase?

Mathematics

1 answer:

goldfiish [28.3K]2 years ago

4 0

Answer:

25%

Step-by-step explanation:

The formula to find percent increase is $100 * \frac{final-initial}{|initial|}$ . We're given the initial value as 120 and the final value as 150.

$100*\frac{150-120}{|120|}$
$100*\frac{30}{120}$
$100*\frac{1}{4}$
$100/4$
$25$

Therefore, the percent increase is 25%.

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