In a meseum, the entrance ticket costs Rs. 250. In Vacation, the cost of the ticket is reduced, there by increasing the sale by 50%, but it was found that the collection is decreased by 17.5%. What is the deduction in the ticket price?
A
Rs. 100
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B
Rs. 1125
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C
Rs. 110
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D
Rs. 115.5
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Solution
The correct option is A Rs. 1125 Let there is sell of 100 tickets So, total collection =250×100= Rs. 25000[Price of one ticket = Rs. 100] Now, total ticket sale =100+50% of 100=150 This effected 17.5% decrease in collection So, collection after increased sale, =25000−17.5% of 25000= Rs. 20625 In vacation time per ticket price, =20625150= Rs. 137.5 Decrease in each ticket price = Rs. 112.5