Problem-Solving and Data AnalysisEasy–MediumPercent increase in a price
Problem-Solving and Data Analysis practice question
The price of a ticket rose from $40 to $50. By what percent did the price increase?
Answer: 25
The rise is $10, and 10/40 = 0.25 = 25%.
Common wrong answers
- If you answered 10
- 10 is the rise in dollars, not the percent.
- If you answered 20
- 20% divides the rise by the new price, 50.
- If you answered 125
- 125% is the new price as a percent of the old, not the increase.
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