The price of a technology stock was $9.55 yesterday. Today, the price rose to
$9.64. Find the percentage increase. Round your answer to the nearest tenth of a percent.

Question

scooby6363 · Answer

To find percentage increase/decrease:

1. Find the difference between the two values.
    9.64 - 9.55 = .09
2. Divide the difference by the original value in the question.
    .09 / 9.55 = .009424
3. Multiply the result by 100 in order to find the percent increase/decrease.
    .009424 * 100 = .9424

This is your answer. If you get another question like this and the number is negative that means that a percentage decrease occurred.