The price of a plane ticket has increased from $150 to $200. By what percent has the price increased?
new value − old valueold value×100
(1 point)
Responses
15%
15%
25%
25%
33%
33%
50%
50%
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33%
is this answer correct
Yes, that answer is correct. The price increased from $150 to $200, which is a $50 increase. To find the percentage increase, you would take the new value ($200) minus the old value ($150), divide that by the old value ($150), and then multiply by 100.
($200 - $150) / $150 * 100 = $50 / $150 * 100 = 0.33 * 100 = 33%
So, the price increased by 33%.