By increasing the cost of entry ticket to a fair in the ratio 10:13, the number of visitors to the fair has decreased in the ratio 6:5. In what ratio has the total collection increased or decreased?
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Solution
Let original Tickets cost Rs 10 and and number of visitors is 600
Original revenue:10x600=Rs6000
After increase in cost of ticket
Tickets cost Rs 13 and number of visitors is 500
New Revenue: 13x500=Rs6500
Increase of total collection ratio: 6500/6000 becomes 13:12