Find the percent of change. Round answers to the nearest tenth, if necessary.

1. Di bought some shares of stock for $12 each. The value of the stock increased by 25% the first half of the year. The value then increased by 20% in the second half of the year. How much was each share worth after a year? What was the percent of increase in the value of the stock from the beginning of the year to the end?

Question

Find the percent of change. Round answers to the nearest tenth, if necessary. 

1. Di bought some shares of stock for $12 each. The value of the stock increased by 25% the first half of the year. The value then increased by 20% in the second half of the year. How much was each share worth after a year? What was the percent of increase in the value of the stock from the beginning of the year to the end?

campbell_st · Answer

well start with 

New Value = 12 x 1.25   this is the value after the increase

final value = New values x 1.2

and the increase percentage  = (final value -original  price)/original price x 100