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When the stock market opened yesterday, the price of a share of stock \(X\) was \(10 \frac12.\) When the market closed,

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by M7MBA » Thu Apr 29, 2021 1:34 am
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When the stock market opened yesterday, the price of a share of stock \(X\) was \(10 \frac12.\) When the market closed, the price was \(11 \frac14.\) Of the following, which is closest to the percent increase in the price of stock \(X?\)

A. \(0.5\%\)
B. \(1.0\%\)
C. \(6.7\%\)
D. \(7.1\%\)
E. \(7.5\%\)

Answer: D

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