What percentage savings does a person obtain on a round-trip ticket from new york to london if he chooses to go 14- to 21-day excursion air fare as opposed to regular economy air fare?

travel type
sample round-trip fares
from new york to london
first-class air fare
$754.30
first-class ship fare
$775.20
regular economy air fare
$440.80
tourist class ship fare
$408.00
peak season economy air fare
$526.30
peak season tourist class ship fare
$470.25
14- to 21-day excursion air fare
$331.00
30-day excursion ship fare
$345.95
charter group (25 persons or more) air fare
$331.00
charter group (25 persons or more) ship fare
$306.00

24.9%

Explanation:

To be able to get the percentage of savings, we first need to calculate the absolute difference in price:

Regular Economy Air Fare  (R): $440.80

14- to 21-Day Excursion Air Fare  (E): $331.00

So, if we subtract the price of E ($331) from R ($440.80), we have an absolute difference of:

S = $440.80 - $331.00 = $109.80

Since we talk about savings, we have to compare that absolute difference to the higher price:

P = $109.80 / $440.80 = 0.249

So, that person would save 24.9%

b. he wants to keep from being identified by former masters.

explanation:

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