the price of a technology stock has risen to $9.77 today. yesterdays price was $9.68. find the percentage…

Explanation:

Step1: Calculate the amount of increase

The formula for the amount of increase is $New\ value - Original\ value$. Here, the new value is $$9.77$ and the original value is $$9.68$. So, $9.77 - 9.68=0.09$.

Step2: Calculate the percentage increase

The formula for percentage increase is $\frac{Amount\ of\ increase}{Original\ value}\times100%$. Substitute the values we found: $\frac{0.09}{9.68}\times 100%$. $0.09\div9.68\approx0.0093$, and $0.0093\times100% = 0.93%$. Rounding to the nearest tenth of a percent gives $0.9%$.

Answer:

$0.9%$