Question

The price of a share of one stock rose from \(12.50 to \)50. Find the percent increase.

Short answer

The percent increase in the price of a share of one stock is 300%.

Step-by-step solution

Step. 1 Given Information

The old price of a share of one stock is $12.50.

The new price of a share of one stock is $50.

Step. 2 Percentage calculation

Firstly we need to find the increase in the price which is = $50-%12.50 = $37.50

Now the percentage increase is calculated as follows:

$$\begin{gathered} \frac{\$37.50}{\$12.50}\times 100\% \\ =300\%. \end{gathered}$$