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30 September, 17:07

The price of a share of stock in Hilton (hotel) Company rose on Tuesday to a new 52 week high of $38.50. Last month the price was $21.30. What was the percentage increase? (use the % symbol in your answe

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  1. 30 September, 17:30
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    Given that the price of the stock increased from $21.30 to $38.50 in one months, the percentage rise will be given by:

    % rise = (current price-previous price) / previous price * 100

    = (38.50-21.30) / 21.30*100

    =17.2/21.30*100

    =0.8075*100

    =80.75%
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