Question

A movie ticket sold for $6.50 ten years ago.

Now a movie ticket costs $9.50. What is the
percent increase?

Answer 1

Answer: 46%

Explanation:

Hi, to answer this question we have to write an equation:

The price of a movie ticket ten years ago (6.50) multiplied by a percentage in decimal form (x) is equal to 9.50.

6.50x = 9.50

Solving for x

x =9.50/6.50

x = 1.46

Multiplying by 100 to obtain the percent form:

1.46 x 100 = 146%

Finally we have to subtract 100 to obtain the percent increase:

146-100 = 46%

Feel free to ask for more if needed or if you did not understand something.