5542116
A concert ticket price changes from \(\$50\) to \(\$62\).
Identify:
a) the original value
b) the new value
c) the amount of change
d) whether the change is an increase or a decrease
Hints
- The original value is the value before the change.
- The new value is the value after the change.
- Compare the two values to determine both the size and direction of the change.
Solution
1. The starting price is the original value, so it is \(\$50\).
2. The ending price is the new value, so it is \(\$62\).
3. The amount of change is \(\$62-\$50=\$12\).
4. Because the new value is greater than the original value, the change is an increase.
Answer
a) \(\$50\)
b) \(\$62\)
c) \(\$12\)
d) increase
