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The price of technology stock has risen $9.87 today yesterday's price is $9.74 find the percentage increase round your answer to the nearest 10th of a percent percentage.

Sagot :

Step-by-step explanation:

To find the percent increase, divide the increase by the original price.

P1 = price yesterday

P2 = price today

To find percent increase

[tex] \frac{(p2 - p1)}{p1} [/tex]

Or to answer the question,

P1 = 9.74

P2 = 9.87

[tex] \frac{(9.87 - 9.74)}{9.74} = 0.013347[/tex]

Or 1.33%