The percent increase of the company's stock is equal to 20%.
Given the following data:
To determine the percent increase of the company's stock:
Mathematically, percentage increase is given by the formula:
[tex]Perecent\;increase = \frac{New\;price - Old\;price}{Old\;price} \times 100[/tex]
Substituting the given parameters into the formula, we have;
[tex]Perecent\;increase = \frac{30 - 25}{25} \times 100\\\\Perecent\;increase = \frac{5}{25} \times 100\\\\Perecent\;increase = \frac{500}{25}[/tex]
Percent increase = 20%
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