a companys stock was selling at $24 a share. a month later, it is selling at $30 a share. what is the…

a companys stock was selling at $24 a share. a month later, it is selling at $30 a share. what is the percent change? ?%

a companys stock was selling at $24 a share. a month later, it is selling at $30 a share. what is the percent change? ?%

Answer

Explanation:

Step1: Find the amount of change

$30 - 24=6$

Step2: Use the percent - change formula

Percent change=$\frac{\text{amount of change}}{\text{original amount}}\times100%$. The original amount is $24$ and the amount of change is $6$. So, $\frac{6}{24}\times100%$.

Step3: Calculate the result

$\frac{6}{24}\times100% = 0.25\times100%=25%$

Answer:

$25$