The price of a movie ticket increased from $25 to $30 What does this mean about the new price?
Choose the correct answer below
O A. The new price is 80% of the old price because 25-30 s 8. or 80%
OB. The new price is 80% of the old price because the price decreases by 20%, which is subtracted from 100%
OC. The new price is 125% of the old price because the price increases by $5, which is multiplied by the original price 5x 25 = 125%
O D. The new price is 20% of the old price because the price increases by 55 and 55 is 20% of $25
OE. The new price is 120% of the old price because the price increases by 20%, which is added to 100%
O F. The new price is 750% of the old price because 25 x 30 = 750

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jazz6457 jazz6457 · Answer 1 · 2020-01-23T07:59:58+01:00

OE. The new price is 120%

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varshamittal029 varshamittal029 · Answer 2 · 2022-06-11T00:11:26+02:00

The correct option will the new price is 120% of the old one because the price increases by 20%, which is added to 100%.

Percent of change is determined by the difference between the two values divided by the orginal one, then multiplied by 100.

i.e. percent of change=(change in value/original value)*100

So according to the asked question,

old value of the shoes=$25

new value of the shoes=$30

change in value=30-25=$5

percent of change=((30-25)/25)*100=20%

hence price increases by 20%.

If the old price is 100 and price increases by 20% then new price will be 120.

So the new price is 120% of the old one.

in another way we can calculate that

old value*x%=new value

⇒old value*x/100=new value

⇒x=new value*100/old value=30*100/25=120%

Therefore the new price is 120% of the old one because the price increases by 20%, which is added to 100%.

Learn more about Percent of change

here: https://brainly.com/question/809966

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