Question

(c) Mrs. Husted 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 and Show your work.

Answer 1

Percent (%) change = (new - initial)/initial
= (2075 - 1195)/1195
= 880/1195 = 0.736 = 73.6%
= 74%