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21 February, 10:51

A stockholder owns 381.881 shares. By the end of the year, he had increased his number of shares by 14.814. What's the new total of shares owned by the stockholder?

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  1. 21 February, 12:43
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    438.453 shares

    Step-by-step explanation:

    From my understanding, the question says that the shares were increased by 14.814%.

    Therefore, we have to calculate the increase

    Step 1: Calculate the increase

    Previous shares : 381.881

    Increase : 14.814%

    Increase = 381.881 x 14.814% = 56.572

    Step 2: Calculate the new total shares

    New shares = 381.881 + (381.881 x 14.814%)

    New shares = 381.881 + 56.572

    News shares = 438.453

    Therefore, the new total shares owned by the stockholder are 438.453 shares.

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