Question

in the first five years of business, the value of information securities, inc. increased by 0.63 times. what percentage is equivalent to 0.63? a) 0.0063% b) 0.063% c) 6.3% d) 63%

Explanation:

Step1: Recall percentage conversion

To convert a decimal to a percentage, multiply the decimal by 100.

Step2: Apply the conversion

Given the decimal is 0.63. Multiply by 100: $0.63\times100 = 63\%$.

Answer:

D) 63%