a companys stock was selling at $30 a share. a month later, it is selling at $33 a share. what is the…

a companys stock was selling at $30 a share. a month later, it is selling at $33 a share. what is the percent change?

a companys stock was selling at $30 a share. a month later, it is selling at $33 a share. what is the percent change?

Answer

Explanation:

Step1: Find the amount of change

$33 - 30=3$

Step2: Use the percent - change formula

Percent change=$\frac{\text{Amount of change}}{\text{Original amount}}\times100%$. The original amount is 30 and the amount of change is 3. So, $\frac{3}{30}\times100% = 0.1\times100%=10%$

Answer:

10%