The price of a plane ticket has increased from $150 to $200. By what percent has the price increased?
Responses
A 15%15%
B 25%25%
C 33%33%
D 50%50%
E 75%
The original price was $150 and the new price is $200.
To calculate the percent increase:
Percent Increase = [(New Price - Original Price) / Original Price] x 100
Percent Increase = [(200 - 150) / 150] x 100
Percent Increase = (50 / 150) x 100
Percent Increase = 0.3333 x 100
Percent Increase = 33.33%
Therefore, the price of the plane ticket has increased by 33%.
The correct answer is C) 33%.