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If by increasing the price of a ticket in the ratio 8 : 11 the number of tickets sold fall in the ratio 23 : 21 then what is the increase (in Rs.) in revenue if revenue before increase in price of ticket was Rs. 36,800?1). 212502). 94003). 78504). 12850 |
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Answer» Let the price of the ticket be 8x and revised price be 11x (SINCE the ratio given is 8 ? 11) Number of tickets sold be 23y and revised number be 21Y, ⇒ Revenue before increase in price = 8x × 23y = 184xy ⇒ Revenue after increase in price = 11x × 21y = 231xy Given, 184xy = 36800 ⇒ XY = 200 ∴ Increase in revenue = 46200 - 36800 = Rs. 9400 |
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