To analyze the percentage increase in fare, we need to compare the Peak Season Economy Air Fare with the 30-Day Excursion Ship Fare provided in the table.
1. Identify the fares:
- Peak Season Economy Air Fare: \[tex]$526.30
- 30-Day Excursion Ship Fare: \$[/tex]345.95
2. Calculate the difference in fare:
[tex]\[
\text{Difference} = \text{Peak Season Economy Air Fare} - \text{30-Day Excursion Ship Fare}
\][/tex]
[tex]\[
\text{Difference} = 526.30 - 345.95 = 180.35
\][/tex]
3. Compute the percentage increase:
[tex]\[
\text{Percentage Increase} = \left(\frac{\text{Difference}}{\text{30-Day Excursion Ship Fare}}\right) \times 100
\][/tex]
[tex]\[
\text{Percentage Increase} = \left(\frac{180.35}{345.95}\right) \times 100
\][/tex]
[tex]\[
\text{Percentage Increase} \approx 52.13\%
\][/tex]
In summary, the price of a round-trip economy ship fare from New York to London increases by approximately 52.13% when opting for a Peak Season Economy Air Fare instead of a 30-Day Excursion Ship Fare.
