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%
5
33%
To calculate the percentage increase, use the formula: ((New Value - Old Value) / Old Value) * 100
((200 - 150) / 150) * 100 = (50 / 150) * 100 = 0.33 * 100 = 33%
Therefore, the price of the plane ticket has increased by 33%.