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3 April, 11:00

You purchased 100 shares of stock valued at $55 per share. The stock value increases to $85 per share. What was the rate of increase?

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  1. 3 April, 11:04
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    Answer: $30 per share.

    Explanation:

    55 + x = 85

    -55 - 55

    x 30

    x = 30
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