Question

(c) Mrs. Dewalt 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. Explain your answer

Answer 1

First, calculate the difference between the new price and the previous price.

D = $2075 - $1195

D = $880

Then, divide the difference by the original price and multiply the quotient by 100%.

P = ($880 / $1195) x 100%

P = 73.64%

Answer: 73.64%

Answer 2

74%. The difference between the two prices is $880: $2075 - $1195 = $880. The ratio between the difference and the original price is roughly 0.736: $880 / $1195 = 0.736. Multiplying that quotient by 100 gives us the percent increase: 0.736 x 100 = 73.6%. Rounded to the nearest whole percent, it becomes 74%.