At the end of the first quarter, the share price of a certain mutual fund was 20 percent higher than it was at the beginning of the year. At the end of the second quarter, the share price was 50 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?	Choose the correct choice from the following options.
A) 20%  B) 25%  C) 30%  D) 33%  E) 40%
Say price at the beginning of year = 100   End of 1st Quarter = 100+20= 
<gadget id="calculator">100+20</gadget>
<output>120</output>
120   End of 2nd Quarter= 100+50= 
<gadget id="calculator">100+50</gadget>
<output>150</output>
150   Percentage increase between 1st &amp; 2nd Quarter=150−120/120∗100=25   Answer = 25%
<result>B</result>
At the end of the first quarter, the share price of a certain mutual fund was 20 percent higher than it was at the beginning of the year. At the end of the second quarter, the share price was 50 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?