Final answer:
The percentage change in the price of a train ticket, which increased from £779 to £1036.07, is calculated using the percentage change formula and results in approximately a 33% increase.
Step-by-step explanation:
To find the percentage change in the price of a train ticket, which has increased from £779 to £1036.07, you would use the formula for percentage change:
Percentage Change = ((New Value - Old Value) / Old Value) × 100%
First, calculate the change in value:
£1036.07 - £779 = £257.07
Next, divide the change in value by the original value:
£257.07 / £779 ≈ 0.33
Finally, convert this to a percentage by multiplying by 100:
0.33 × 100% = 33%
So, the percentage change in the price of the train ticket is approximately 33%.