a companys stock was selling at $25 a share. a month later, it is selling at $30 a share. what is the…

a companys stock was selling at $25 a share. a month later, it is selling at $30 a share. what is the percent change? ?%

a companys stock was selling at $25 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

$30 - 25=5$

Step2: Use percent - change formula

Percent change=$\frac{\text{Amount of change}}{\text{Original amount}}\times100%$. Here, the original amount is 25 and the amount of change is 5. So, $\frac{5}{25}\times100%$. $\frac{5}{25}\times100% = 0.2\times100%=20%$

Answer:

20%