a company's share price is $49 on monday, and on tuesday it increases to $55. what is the percent increase in share price? round your answer to the nearest whole percent.

Respuesta :

A company's share price is $49 on Monday, and on Tuesday it increases to $55. The percent increase in share price will be 12.24%.

Using basic arithmetic, you may determine the percentage change in a stock over a given period of time. The percentage change is a metric used in stock trading to determine the relative change in a stock's price over a given period of time.

The formula for percentage change is: (New Price - Old Price) / Old Price x 100.

percentage change = 55 - 49 / 49 × 100

                               = 12.24%

The way percentage change works is by quickly showing investors what a stock's movement represents in relation to the stock's overall price.

To know more about percentage change refer:

https://brainly.com/question/14801224

#SPJ4