Question

What is the difference between the costs of the average time slot and a slot on a highly-rated show for Airtime for the average 30-second commercial costs 200,000, while time on a highly-rated show can cost as much as 450,000?

a.) 125%
b.) 200%
c.) 225%
d.) 250%

Answer 1

The cost of a slot on a highly-rated show is 125% more than the average cost for a 30-second commercial. The calculation is based on the increase from $200,000 to $450,000.

Step-by-step explanation:

To calculate the difference in cost between an average time slot and a slot on a highly-rated show for a 30-second commercial, we first determine the increase from the average cost to the cost for the highly-rated show.

The average cost is $200,000, and the highly-rated show costs $450,000.

The difference between these two costs is

$450,000 - $200,000 = $250,000.

Next, to find the percentage increase, we divide the difference by the original amount (average cost) and multiply by 100:

$$\frac{$250,000}{$200,000} \times 100 = 125\%$$

Therefore, the cost for a slot on a highly-rated show is 125% more than the cost of an average time slot. This is reflected in choice a. 125%.