Question

the average cost of a movie theater bag of popcorn was originally 3.75 in 1995 and then increased to 5.50 in 2018 what is the percent change round to the nearest percent

Answer 1

Determine the change in price of popcorn.

`\begin{gathered} \Delta P=5.50-3.75 \\ =1.75 \end{gathered}`

Determine the percent change in price of popcorn.

`\begin{gathered} (1.75)/(3.75)*100=0.4666\cdot100 \\ =46.66 \\ \approx47 \end{gathered}`

So answer is 47%.