?

GMAT®

Free Version

Upgrade subject to access all content

Easy

Calculating Increased Stock Price

GMAT-LS1YET

At the close of business, a particular stock was up by $230\%$ of the previous day's price. If the stock was selling at $\$34.40$ yesterday, before the increase, what is its new price?

A

$\$79.12$

B

$\$68.80$

C

$\$110.08$

D

$\$113.52$

E

$\$55.40$