kdsmilligan2572 kdsmilligan2572
  • 23-12-2020
  • Mathematics
contestada

Tessa bought stock in a restaurant for $297.00. Her stock is now worth $356.40. What is the percentage increase of the value of Tessa's stock?

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samuelonum1
samuelonum1 samuelonum1
  • 24-12-2020

Answer:

20% increase

Step-by-step explanation:

We want to compute the percentage increase

Percent increase in price is expressed as

=(Change in price)/old price *100

=356.4-297/297*100

=59.4/297*100

=0.2*100

=20%

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