ACT SAT Prep How to calculate percent price increase

The video tutorial explains how to calculate a 25% increase in parking rates. It begins by introducing the problem of increasing a base rate of $130 by 25%. The tutorial then explains the concept of percentages using the part over whole method and demonstrates how to use cross multiplication to find the percentage of a number. It provides a detailed calculation of 25% of $130, resulting in an increase of $32.50. Finally, the tutorial shows how to add this increase to the original rate to determine the new monthly parking rate of $162.50.

What is the first step in determining the new parking rate when given a percentage increase?

• Multiply the original amount by 2

• Find the percentage of the original amount

• Divide the original amount by the percentage

• Subtract the percentage from the original amount

Which method is used to simplify the calculation of a percentage of a number?

• Subtracting 50 from the number

• Adding 100 to the number

• Cross multiplication and dividing by 100

• Multiplying by 10

What is the result of calculating 25% of $130?

• $162.50

• $130.25

• $25.00

• $32.50

After finding the percentage increase, what is the next step to determine the new parking rate?

• Subtract the increase from the original amount

• Divide the increase by the original amount

• Multiply the increase by the original amount

• Add the increase to the original amount

What is the new monthly parking rate after a 25% increase on $130?

• $130.00

• $162.50

• $32.50

• $135.00