Ask Question
10 November, 10:05

You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increase in the stock over 6 months?

+4
Answers (2)
  1. 10 November, 12:26
    0
    104%

    Explanation:

    200*23=4600

    200*47=9400

    9400-4600=4800

    4800/4600=1.04

    1.04*100% = 104%! : D
  2. 10 November, 13:36
    0
    51 % increase

    Explanation:

    Stock A price = $23.00

    Stock A price after 6 months = $47.00

    Increase in price of Stock A = $47 - $23

    = $24

    Percentage increase in stick price = $24 x 100%

    $47

    = 0.510 x 100%

    = 51%

    The percentage increase in the price of Stock A is 51%

    Cheers
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increase in the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers