During peak season, a hotel room costs $135 per night. During the off-season, it costs $90 pernight. Find the percent of change from peak season to off-season.
Sorry, but I was wrong in step 2. You should divide the difference by the original cost.
45/135 = 0.3333 = 33%
Off-season is 33% lower than peak season.
30%?
1. Subtract the difference in costs (135 - 90)
2. Divide the original cost by the difference between the two costs.
3. Change the decimal to a percent.
If you post your answer, we'll be glad to check it.
To find the percent of change from peak season to off-season, you can use the following formula:
Percent change = ((New Value - Old Value) / Old Value) * 100
In this case, let's consider the peak season price as the new value ($135) and the off-season price as the old value ($90). Plugging the given values into the formula, we get:
Percent change = ((135 - 90) / 90) * 100
Simplifying the equation, we have:
Percent change = (45 / 90) * 100
Dividing 45 by 90 gives us 0.5, and multiplying it by 100 yields:
Percent change = 0.5 * 100 = 50
Therefore, the percent of change from peak season to off-season is 50%.