Question

Mrs. Milleman looked at another hotel. She waited a week before she decided to book nights at that hotel, and now the prices have increased. The original price was $1195. The price for the same room and same number of nights is now $2075. What is the percent increase? Round to the nearest whole percent.

Answer 1

First we need to calculate the difference between the original price and the new price:

`2075-1195=880`
Now we can set up a proportion and solve for x:

`(1195)/(100) = (880)/(x)`

`x= ((880)(100))/(1195)`

`x= 73.64` which rounded to the nearest integer is 74%
We now can conclude that the price increased in 74%