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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Thiên Ân 3 years 2021-09-05T00:07:55+00:00 1 Answers 20 views 0

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    2021-09-05T00:09:43+00:00

    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%

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