Calculating the Percent Increase in Ticket
Costs
Question: Every year, Natalie and her sister attend 'The Nutcracker' at the Arcadia
Ballet. Last year, orchestra seating cost $52 per ticket. This year, it costs $65. What is
the percent of increase in the cost of each ticket?
Answer:
To determine the percent increase in the cost of orchestra seating tickets for 'The
Nutcracker', we will follow these steps:
Step 1: Identify the costs
Last Year's Ticket Price: $52
This Year's Ticket Price: $65
Step 2: Calculate the increase in cost
We can find the increase in ticket price by subtracting last year's price from this year's
price:
'
'
Increase ∈Cost =This Yea r s Price−Last Yea r s Price=Increase ∈Cost =65−52=13
Step 3: Calculate the percent increase
To find the percent increase, we use the formula:
Percent Increase =(
Increase∈Cost
)×100
Last Year ' s Price
13
Substituting the values we calculated: Percent Increase =( 52 ) ×100
Calculating this gives: Percent Increase =0.25 ×100=25 %
Final Answer
The percent increase in the cost of each ticket is 25%.
Further Exploration
To learn more about percentage calculations, consider exploring these resources:
Math is Fun: Percentage
Khan Academy: Percent Change