The local movie theater decides to raise ticket prices 25% . The original ticket price was 12$ . How much will the price of the tickets increase? What will be the new ticket price
Okay, using the formula Price Increased(P.I.) = Original Price x Percent, P.I. = $12 x 0.25, will then equal to $3. The new ticket price would be $12 + $3 = $15
Therefore, the price of the tickets will increase by $3; and the new price would be $15.
