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A regions average movie theater ticket price in 2007 was 6.86 for 2017 it was estimated to be 9.07 find the percent of increase in average movie theater ticket price for this 10year period

Respuesta :

MrRoyal

The percent of increase in average movie theater ticket price for this 10-year period is 32.22%

Find the percent of increase in average movie theater ticket price for this 10-year period

The given parameters are:

Initial price = 6.86

New price = 9.07

The percent of increase in average movie theater ticket price for this 10-year period is calculated as:

Percentage increase = (New - Initial)/Initial * 100%

Substitute the known values in the above equation

Percentage increase = (9.07 - 6.86)/6.86 * 100%

Evaluate the difference

Percentage increase = 2.21/6.86 * 100%

Evaluate the quotient

Percentage increase = 0.3222 * 100%

This gives

Percentage increase = 32.22%

Hence, the percent of increase in average movie theater ticket price for this 10-year period is 32.22%

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https://brainly.com/question/11360390

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