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serious [3.7K]
3 years ago
9

Fatim is hosting a viewing party for the new movie black Panther. Fatim decided to change ticket prices from $17.99 to $12.25 a

ticket . what is the percent change as an increase or decrease? ​
Mathematics
1 answer:
Elden [556K]3 years ago
7 0

Answer:

-31.9%

Step-by-step explanation:

In this problem, the initial price of the ticket for the movie Black Panther is

p_i = \$17.99

Later, the price of the ticket is decreased to

p_f = \$12.25

The percent change can be written as

c=\frac{p_f-p_i}{p_i}\cdot 100

Which is the ratio between the difference in price and the original price, multiplied by 100.

By substituting the values inside the formula, we find:

c=\frac{12.25-17.99}{17.99}\cdot 100=-31.9\%

Where the negative sign indicates a decrease.

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