Question

A region's average movie theater ticket price in 2007 was $6.45. For 2017, it was estimated to be $8.89. Find the

percent of increase in average movie theater ticket price for this 10-year period.
The percent of increase in average movie theater ticket price is %.
(Round to the nearest tenth of a percent.)

Answer 1

• The percent of increase is 37.8%

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Given

• Price in 2007 = $6.45,
• Price in 2017 = $8.89.

Find the increase in price:

• 8.89 - 6.45 = 2.44

Find the percent value of the increase over the initial price:

• (2.44/6.45)*100% = 37.8% (rounded to the nearest tenth of a percent)