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?

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 = [tex]\frac{7}{3}[/tex] [tex]\times[/tex] today average ticket price – 6[tex]=\frac{7}{3} \times 8.7-6$$=7 \times 2.9-6$[/tex]= 20.3 – 6 = 14.3 Hence, the average price of a movie ticket in 20 years will be $14.3.