Question

At the beginning of the day, stock XYZ opened at $3.72. At the end of the day, it closed at $4.05. What is the rate of change of stock XYZ?

A. 33.0%
B. 8.1%
C. 13.3%
D. 8.9%

Answer 1

Finding the percent of change is using the ratio of the amount of change to the original amount. The increased amount is really the percent of increase. $4.05-$3.72 = $.33 Then you divide by the Original amount. $.33/$3.72 = .0887 Multiply by 100 to find the percentage

Answer 2

@Compassionate

Answer 3

Surdawi gave a great reply.

Answer 4

ok thanks