How do you find the solution to the following?

If a stock is bought at $3.50 and sold at $5.80, what percent was the gain?

Kind regards,




Percent gain or percent increase is the change as a percentage of where you started. In this case the change is

$5.80 - $3.50 = $2.30.

Thus, the gain as a fraction of where you started is

 2.30/3.50 = 0.657

Expressed as a percentage this is

0.657 100 = 65.7%