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a region's average movie theater ticket price in 2007 was $6.72. For 2017, it was estimated to be $8.81. Find the percent of increase in average movie theater ticket price for this 10-year periods

Respuesta :

wegnerkolmp2741o

Answer:

31.1011905%

Step-by-step explanation:

Take the new price and subtract the original price

8.81 - 6.72

2.09

Divide by the original price

2.09/6.72

.311011905

Change to percent form

31.1011905%

Percent of increase in average movie theatre ticket price will be 31.1%

    Given prices of the ticket in two different years are,

  • In year 2007 price of the ticket was $6.72
  • After 10 years price of the ticket is $8.81

To calculate the percent increase in the price of an object expression to be used,

Percent increase = [tex]\frac{\text{Final price - Initial price}}{\text{Initial price}}\times 100[/tex]

                             = [tex]\frac{8.81-6.72}{6.72}\times 100[/tex]

                             = [tex]0.311\times 100[/tex]

                             = [tex]31.10[/tex]%

          Therefore, percent of increase in the price of the ticket will be 31.1%

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