at the end of the first quarter , the share price of a certain mutual fund was 25 percent higher than it was at the beginning of the year . at the end of the second quarter , the share price was 55 percent higher than it was at the beginning of the year . what was the percent increase in the share price from the end of the first quarter to the end of the second quarter ?
"another method is to use the formula for 2 successive percentage changes : total = a + b + ab / 100 55 = 25 + b + 25 b / 100 b = 24 answer ( a )"
multiply(subtract(divide(add(const_100, 55), add(const_100, 25)), const_1), const_100)