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28 June, 18:11

The price of a technology stock has risen to $9.73 today. Yesterday's price was $9.60. Find the percentage increase. Round your answer to the nearest tenth of a percent.

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  1. 28 June, 18:29
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    Hello! To find this answer, we have to do change/original. 9.73 - 9.60 = 0.13. 0.13/9.60 = 0.01354 and other numbers behind it or 1.4% when rounded to the nearest tenth. You have to multiply the decimal by 100 in order to to get the percent form. It rounds up to 1.4 instead of back down to 1.3, because the 5 is in the hundredths place, and when anything 5 or more appears behind the digit you are rounding to, you go up. The percent increase is about 1.4%.
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