Answered

The price of a technology stock has business and $9.67 today. Yesterdays price was $9.54. Find a percentage increase. Round answer to the nearest 10th of a percent

Answer :

we know that

Yesterday's price was $9.54 ----------> represents the 100% percentage

Applying proportion

Find out how much percentage represents the difference (9.67-9.54)

so

[tex]\begin{gathered} \frac{100\%}{9.54}=\frac{x}{\left(9.67-9.54\right)} \\ \\ x=\frac{100\operatorname{\%}}{9.54}*(9.67-9.54) \\ \\ x=1.4\% \end{gathered}[/tex]

The answer is 1.4%

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