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You bought 200 shares of Stock A at $23.00 per share 6 months ago. It is now worth $47 per share. What was the percent of increase in the stock over 6 months?

Respuesta :

Emhicee

Answer:

51 % increase

Explanation:

Stock A price= $23.00

Stock A price after 6 months= $47.00

Increase in price of Stock A= $47 - $23

                                          = $24

Percentage increase in stick price = $24  x  100%

                                                        $47

                                                     = 0.510 x 100%

                                                     = 51%

The percentage increase in the price of Stock A is 51%

Cheers

Answer:

104%

Explanation:

200*23=4600

200*47=9400

9400-4600=4800

4800/4600=1.04

1.04*100%= 104%! :D

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