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The stock of Company A gained $1.86 throughout the day and ended at a value of $94.86. By what percentage did the stock rise
Question
The stock of Company A gained $1.86 throughout the day and ended at a value of $94.86. By what percentage did the stock rise
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Mathematics
3 years
2021-09-05T00:07:55+00:00
2021-09-05T00:07:55+00:00 1 Answers
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Answer:
tTe answer is 1.96%
Step-by-step explanation:
given data
change in price/gain= $1.86
the closing price = $94.86
Required.
The percent rise.
Step two:
The formula for the percent rise is
=change/close price*100
substitute our given data
= 1.86/94.86*100
=0.0196*100
=1.96%