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%
33%
Explanation: Using the formula provided, we can plug in the values:
(200 - 150) / 150 * 100 = 50 / 150 * 100 = 33.33%
Therefore, the price has increased by 33%.