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a company’s stock was selling at $24 a share a month later it was selling at $30 a share what is the percent gain

Respuesta :

AvrilK

Answer:

The answer is 25%

Step-by-step explanation:

I just finished answering this problem and for it correct.

x. 6

------ = -------

100. 24

cross multiply

then divide

The percent gain is 25%.

Given that,

  • a company’s stock was selling at $24 a share a month later it was selling at $30 a share

Based on the above information, the calculation is as follows:

[tex]= ($30 -$24) \div $24[/tex]

= 25%

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