Question

Neal decides to sell his concert tickets to a sold out show. He paid $90 for the pair, but he believes he can sell them for 150% of what he paid for. How much does Neal think he can sell the tickets for?

Answer 1

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Answer 2

$Price \: at \: which \: Neal \: bought \: the \: ticket \: = ₹90$

$If \:he \:expects\:to\:sell\:them\:at\:159\: percent\:of\:the\: original\:price$

$\cancel \frac{150}{100} = 1.5$

$New\:resale\:price\:=\:1.5 \times 90$

$₹135$

$\therefore \: Neal \:thinks\:that\:he\:can\:sell\:the\:ticket\:for\:₹\:135$