Question

35% revenue of a company comes from people living in
rural areas while 65% of its revenue comes from people
living in urban areas. If the company increases its fee
by 15% for the people living in rural areas while 25%
for the people living in urban areas, what is the
percentage increase in the overall revenue of the
company?​

Answer 1

Answer:

118.5

Explanation:

Let total revenue be 100

Rural Revenue = 35

Increament in rural revenue = 15%

New rural Revenue= 35+5.25=37.25

Urban Revenue = 65

Increament in Urbam revenue = 25%

New Urban Revenue= 65+16.25=81.25

Total new revenue = 118.5

Total % increase = $\frac{(118.5-100)}{100} *100$=18.5%

#SPJ3

Answer 2

Answer:

Explanation:

Let total revenue be 100

Old Rural Revenue = 35

Old Urban Revenue = 65

Increament in rural revenue = 15%

Increament = 35 X 0.15 = 5.25

New rural Revenue= 35+5.25=40.25

Urban Revenue = 65

Increament in Urban revenue = 25%

increament = 65 X 0.25 = 16.25

New Urban Revenue= 65+16.25=81.25

Total new revenue = 81.25 +50.25 = 121.50

Total % increase = (121.50 - 100 ) / 100

Total % increase =  21.5%