The price of a ticket rises from S/ 40 to S/ 50. What is the percentage increase?
Answer and explanation
Correct answer: C. 25% (10 more on a base of 40)
- Step 1: Increase: soles. Step 2. Percentage increase = increase / original . Answer: 25%. Why not the others: 20% divides by the new price; 10 is the rise in soles; 125% is the new price as a percentage of the old one.
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