A ticket rose in price from £25 to £28.50. What is the percentage increase?
Answer and explanation
Correct answer: B. 14%
- Step 1: The rise is £28.50 - £25 = £3.50. Step 2. Divide by the original price: 3.50 ÷ 25 = 0.14. Step 3. 0.14 = 14%. Answer: 14%. Why not the others: 12.3%: This divides the £3.50 rise by the new price £28.50 instead of the original £25. 3.5%: This treats the £3.50 rise as 3.5 per cent. 114%: This is the new price as a percentage of the old price, not the increase.
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