Question

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

Answer 1

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%.