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A stock's price increased from $150 to $180. What is the percentage increase?

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Question: A stock\'s price increased from $150 to $180. What is the percentage increase?

Options:

  1. 15%
  2. 20%
  3. 25%
  4. 30%

Correct Answer: 25%

Solution: 

Percentage Increase = ((New Price - Old Price) / Old Price) * 100 = ((180 - 150) / 150) * 100 = 20%

A stock's price increased from $150 to $180. What is the percentage increase?

Practice Questions

Q1
A stock's price increased from $150 to $180. What is the percentage increase?
  1. 15%
  2. 20%
  3. 25%
  4. 30%

Questions & Step-by-Step Solutions

A stock's price increased from $150 to $180. What is the percentage increase?
  • Step 1: Identify the old price of the stock, which is $150.
  • Step 2: Identify the new price of the stock, which is $180.
  • Step 3: Subtract the old price from the new price: 180 - 150.
  • Step 4: Calculate the difference: 180 - 150 = 30.
  • Step 5: Divide the difference by the old price: 30 / 150.
  • Step 6: Calculate the division: 30 / 150 = 0.2.
  • Step 7: Multiply the result by 100 to get the percentage: 0.2 * 100.
  • Step 8: Calculate the final result: 0.2 * 100 = 20%.
  • Percentage Increase – The calculation of how much a value has increased in relation to its original value, expressed as a percentage.
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