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 an increases of 50% in the number of spectators
on the next day. The percentage increase in the revenue on the second day was:
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Answer:
Answer is 20%
Step-by-step explanation:
Let seating capacity be 100
1st day collection= 60*200= 12000
Second day collection=60*(150/100)*200*(80/100)=14400
So percentage increase=14400-12000/12000
It is 20%
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