In a cinema hall, the charge per person is Rs.200. On the first day, only 60% of the seats were filled. The owner decided to reduce the price by 20% and there was in increase of 50% in the number of spectators on the next day. The percentage increase in the revenue on the second day was
20
Let total seats = 100 on first day,
Ticket price = 200
Seats full = 60%
=60100×=60
∴ Revenue = 60 × 200
R1 = 12000
On second day
Tricked price = 200 - 20% of 200
=200−20100×200
= 200 - 40 = 160
Seats full 60 + 50% of 60
=60+50100×60
= 60 + 30 = 90
Revenue = 160 × 90
R2 = 14400
% Increase is Revenue = R2−R1R1×100
14400−1200012000×100
=24001200×100
=20%