Question

Ten years ago a movie ticket sold for $6.00. Now a ticket costs $11.00. What is the percent increase or decrease?

Answer 1

increased by `83 1/3%`

Explanation:

old price=$6
new price= $11
to find the percentage of the new price relative to the old rice, we can use
`"new price"/"old price"*100`
`11/6*100= 183 1/3%`
which means that new price is `183 1/3%`of the old price
therefore, the price increased by `83 1/3%`