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Question

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,
=2500017.5% of 25000= Rs. 20625
In vacation time per ticket price,
=20625150= Rs. 137.5
Decrease in each ticket price = Rs. 112.5

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