The price of a technology stock has risen to $9.68 today. Yesterday's price was $9.57. Find the percentage increase. Round your answer to the nearest tenth of a percent

To find the percentage increase, we need to calculate the difference between the two prices and then divide it by the original price. After that, we multiply by 100 to get the percentage. Here's how you can do it:

1. Subtract the old price from the new price: $9.68 - $9.57 = $0.11
2. Divide the difference by the old price: $0.11 / $9.57 = 0.0115
3. Multiply the result by 100 to get the percentage: 0.0115 × 100 = 1.15%

Therefore, the percentage increase in the price of the technology stock is approximately 1.15%.

To find the percentage increase, we need to calculate the difference between the two prices and then divide it by the original price.

Difference = Today's Price - Yesterday's Price
Difference = $9.68 - $9.57
Difference = $0.11

Percentage Increase = (Difference / Yesterday's Price) * 100
Percentage Increase = ($0.11 / $9.57) * 100
Percentage Increase ≈ 1.149 * 100
Percentage Increase ≈ 11.5%

Therefore, the percentage increase in the price of the technology stock is approximately 11.5%.

actual increase: 9.68-9.57 = 0.11

% increase: 0.11/9.57 = 0.01149 = 1.15%