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Sagot :
Answer:
16.6667% increase
Step-by-step explanation:
Percentage Increase=Final Value−Starting Value|Starting Value|×100
Answer:
17%
Step-by-step explanation:
The increase is calculated as the difference between yesterday's price and today's price, hence $2.45 - $2.10 = $0.35
As a fraction of yesterday's price, the fraction is [tex]\frac{0.35}{2.10}[/tex], which reduces to [tex]\frac{1}{6}[/tex]. Expressed as a decimal fraction, this is 0.16... Shift the decimal point two places to the right to get the percentage increase of 16.6...%.
Since it said to round to the nearest tenth, rounding it makes the answer of 17.0% or 17% because since 6 is bigger than 10, we needed to round up and thus the answer is 17%.
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