How much is the average price of a movie ticket

Asked by admin @ 29/10/2021 in Mathematics viewed by 239 People

The average price of a movie ticket in 20 years will be at least $6 less than seven thirds of today’s average ticket price. What could be the price of a movie ticket in 20 years if the current average price of $8.70?

Answered by admin @ 29/10/2021

ANSWER:

The average price of a movie ticket in 20 years will be $14.3.

SOLUTION:

Given, the average price of a movie ticket in 20 years will be at least $6 less than seven thirds of today’s average ticket price.

The current average price of $8.70.

Let, the average price of a movie ticket in 20 years be x.

According to the given information,

Average price of a movie ticket in 20 years = $\frac{7}{3}$ $\times$ today average ticket price – 6

$=\frac{7}{3} \times 8.7-6$$=7 \times 2.9-6$$

= 20.3 – 6

= 14.3

Hence, the average price of a movie ticket in 20 years will be $14.3.

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