Which day saw the maximum percentage increase in the stock price at closing from the opening?
Explanation:
Going by the cases in the option for the five days :
Day 1 : (Opening price, Closing Price ) : (2365, 2395)
Day 2 : (Opening price, Closing Price ) : ( 2395, 2425 )
Day 6 : (Opening price, Closing Price ) : ( Closing price is lower than the opening price )
Day 7 : (Opening price, Closing Price ) : ( Closing price is lower than the opening price )
Day 10 : (Opening price, Closing Price ) : (2277.5, 2292.5)
The percentage increase for day 1 : 2395-2365(2365) . 100 = 1.26%
The percentage increase for day 2 : (2425-2395)(2395) . 100 = 1.252%
The percentage increase for day 10 : (2492.5-2377.5)(2377.5) . 100 = 0.65%
Hence Day 1 is the highest
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