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13 November, 18:41

A movie theater charges $5 per ticket and averages 300 customers each night. If prices are raised to $7 per ticket, the theater estimates that average nightly ticket sales will be $1,750. What is the percentage change in the average number of customers the theater has each night? (Express your answer in whole numbers; round decimals up or down).

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  1. 13 November, 19:10
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    Attendance with the higher ticket price is ...

    ... $1750/$7 = 250

    So the percentage change in attendance is ...

    ... change = (new - original) / original * 100%

    ... = (250 - 300) / 300 * 100% = - 1/6*100% ≈ - 17%
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