Mrs. Milleman 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.
First we need to calculate the difference between the original price and the new price: [tex]2075-1195=880[/tex] Now we can set up a proportion and solve for x: [tex] \frac{1195}{100} = \frac{880}{x} [/tex] [tex]x= \frac{(880)(100)}{1195} [/tex] [tex]x= 73.64 [/tex] which rounded to the nearest integer is 74% We now can conclude that the price increased in 74%
