Question

In a certain region, the average movie theater ticket prices in 2009 was $7.70, in 2008 it was $7.36. Find the increase in average movie theater ticket price from 2008 to 2009

Answer 1

Answer:

The increase price of movie ticket is $ 0.34  or 4.619 %

Step-by-step explanation:

Given as :

The average movie theater price in 2009 = $ 7.70

The average movie theater price in 2008 = $ 7.36

So, let The increase  in price from 2008 to 2009 = $ 7.70 - $ 7.36

I.e                                                                               = $ 0.34

Now in percentage increase

Percentage increase = $\frac{price in 2009 - price in 2008}{price in 2008}$ × 100

Or,  Percentage increase = $\frac{ 7.70 - 7.36}{ 7.36}$ × 100

Or, Percentage increase = $\frac{ 0.34}{ 7.36}$ × 100

∴  Percentage increase = 4.619 %

Hence The increase price of movie ticket is $ 0.34   or 4.619 %  Answer