The price of a technology stock was

$9.54
yesterday. Today, the price rose to
$9.67
. Find the percentage increase. Round your answer to the nearest tenth of a percent.

1 answer

The increase in price is $9.67 - $9.54 = $0.13.

To find the percentage increase, we need to divide the increase by the original price and multiply by 100:

($0.13/$9.54) x 100 = 1.36%

Rounding to the nearest tenth of a percent, the percentage increase is 1.4%.