The price of a plane ticket has increased from $150 to $200. By what percent has the price increased?
new value − old value /old value ×100
(1 point)
Responses
15%
15%
25%
25%
33%
33%
50%
3 answers
33%
explain
To calculate the percent increase, you use the formula:
((new value - old value) / old value) x 100
In this case, the old value was $150 and the new value is $200:
((200 - 150) / 150) x 100 = (50 / 150) x 100 = 0.33 x 100 = 33%
Therefore, the price of the plane ticket has increased by 33%.
((new value - old value) / old value) x 100
In this case, the old value was $150 and the new value is $200:
((200 - 150) / 150) x 100 = (50 / 150) x 100 = 0.33 x 100 = 33%
Therefore, the price of the plane ticket has increased by 33%.