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18 November, 14:36

The stock of Company A gained $3.08 throughout the day and ended at a value of

$91.08. By what percentage did the stock rise?

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Answers (1)
  1. 18 November, 14:53
    +1
    The stock grew price grew by 3.5%

    Step-by-step explanation:

    To find by how much a number grew we apply the growth formula:

    %change = (present value-past value) / (past value) * 100

    Whilst we know that the present value is 91.08, we need to calculate the past value by subtracting the growth to the present value.

    past value=91.08-3.08

    The past value was 88.00

    Applying the formula:

    (91.08-88.00) / 88.00*100=3.5%
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