The percent of increase in average movie theater ticket price for this 10-year period is 24.67% rounded to 2 decimal places
What is percentage increase?
Percentage increase between two numbers can determined as the new number divided the old number minus 1
percentage of increase=(2017 theater ticket price/2007 theater ticket price)-1
2017 theater ticket price=$7.58
2007 theater ticket price=$6.08
percentage of increase=($7.58/$6.08)-1
percentage of increase=24.67%
In other words, over the 10-year period, the theater ticket price has increased by approximately 25%
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