Question

A region’s average movie theater ticket price in 2007 was $6.96. For 2017, it was estimated to be $8.53. Find the percent of increase in average movie theater ticket price for this 10-year period.

Answer 1

Answer: To find the percent increase in average movie theater ticket price, you can use the formula:

percent increase = (new value - old value) / old value * 100

Plugging in the values, we get:

percent increase = ($8.53 - $6.96) / $6.96 * 100 = 22.9%

So, the percent of increase in average movie theater ticket price for the 10-year period from 2007 to 2017 is 22.9%.

Explanation: