in 2007 the price of a ticket for a seat was 25.00 in 2008 the price increased to 38.50. What is the percent of the increase from 2007 to 2008? I just need help setting up trhis problem.
Percent change is calculated by finding the increase year-over-year divided by the original value, then multiply by 100% to make it a percentage. For example: If you sell 80 items in 2008 and 90 items in 2009, the year-over-year change in sales is (90-80)/80 x 100% = 12.5%. Try using this same technique on your problem - what do you get for an answer?