Work this travel problem based on the data provided in the table. Choose the correct answer. Travel Type Sample Round-Trip Fares from New York to London First-Class Air Fare $754.30 First-Class Ship Fare $775.20 Regular Economy Air Fare $440.80 Tourist Class Ship Fare $408.00 Peak Season Economy Air Fare $526.30 Peak Season Tourist Class Ship Fare $470.25 14 - to 21-Day Excursion Air Fare $331.00 30-Day Excursion Ship Fare $345.95 Charter Group (25 Persons or More) Air Fare $331.00 Charter Group (25 Persons or More) Ship Fare $306.00 What percentage increase occurs in the price of a round-trip economy plane ticket from New York to London by electing to go first-class as opposed to going on the regular economy class? %

Question

Mathematics

Francis Richardson

5 August, 08:43

Work this travel problem based on the data provided in the table. Choose the correct answer. Travel Type Sample Round-Trip Fares from New York to London First-Class Air Fare $754.30 First-Class Ship Fare $775.20 Regular Economy Air Fare $440.80 Tourist Class Ship Fare $408.00 Peak Season Economy Air Fare $526.30 Peak Season Tourist Class Ship Fare $470.25 14 - to 21-Day Excursion Air Fare $331.00 30-Day Excursion Ship Fare $345.95 Charter Group (25 Persons or More) Air Fare $331.00 Charter Group (25 Persons or More) Ship Fare $306.00 What percentage increase occurs in the price of a round-trip economy plane ticket from New York to London by electing to go first-class as opposed to going on the regular economy class? %

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Answers (1)

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Angel Andrade · Answer 1

The regular economy class is $440.80, while the first class air fare is $754.30. You are asked to get the percentage increased from the regular economy class to first class. We will get the price difference of two air fares.

$754.30 - $440.80 = $313.5 ⇒ amount increased from economy to first class

we will divide the price difference from the regular economy class to get the percentage increase.

$313.5 / $440.80 = 71.12% ⇒ percentage increase from economy class to first class