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Cari is searching online for airline tickets. Two weeks ago, the cost to fly from Orlando to Hartford was...

Cari is searching online for airline tickets. Two weeks ago, the cost to fly from Orlando to Hartford was $300. Now the cost is $375. What is the percent increase? What would be the percent increase if the airline charges an additional $50 baggage fee with the new ticket price?
The percent increase of the airline ticket is [ ]%. (Round to the nearest percent as needed.)

Answer

  1. The percent increase from $300 to $375 is calculated as follows:

    Percent Increase = ((New Price - Old Price) / Old Price) * 100

    Percent Increase = (($375 - $300) / $300) * 100 = (75 / 300) * 100 = 25%

  2. If an additional $50 baggage fee is added, the new cost becomes $375 + $50 = $425.

    Percent Increase with Baggage Fee = ((New Price with Fee - Old Price) / Old Price) * 100

    Percent Increase with Baggage Fee = (($425 - $300) / $300) * 100 = (125 / 300) * 100 ≈ 41.67%

    Rounded to the nearest percent, the increase is 42%.

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