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The price of a technology stock has risen to $9.82 today. Yesterday's price was $9.71. Find the percentage increase. Round your answer to the nearest tenth of a percent.​

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Answer:

9.71 ÷ 9.82 = .9987 or 1% .

The percentage increase is 1.1% to the nearest tenth

The calculation can be done as follows

Original price= $9.82

increase= $9.71

Change in price= 9.82-9.71

= 0.11

percent increase= 0.11/9.82 × 100

= 1.12

= 1.1 (to the nearest tenth)

Hence the percent increase is 1.1%

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