Step-by-step explanation:
To find the percent increase, divide the increase by the original price.
P1 = price yesterday
P2 = price today
To find percent increase
[tex] \frac{(p2 - p1)}{p1} [/tex]
Or to answer the question,
P1 = 9.74
P2 = 9.87
[tex] \frac{(9.87 - 9.74)}{9.74} = 0.013347[/tex]
Or 1.33%
