price of a movie ticket in z square is mall is decreased by 2% but total revenue collection is increase by 83 1÷3 because sitting capacity is increased . if sitting capacity is now increased 350, then find how many seats were increment in
cinema hall.
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Solution :-
Let us Assume that :-
- initial No. of seats in cinema hall = x
- Price of Movie Ticket = Rs. 100
Given That :-
- Price is Decreased by 2%
- Total revenue is increased by = 83(1/3)% = (250/3)% = (5/6) th times
- sitting capacity is now increased by = 350
we know that :-
- Price * consumption = Total Revenue.
So,
→ 100 * x = 100x = Initial Total revenue.
Than,
→ New Revenue = 100x + (5/6 of 100x) = 100x + (250x/3) = (550x/3)
And,
→ New Price of Ticket = 100 - (2% of 100) = Rs.98 .
Also,
→ Total No. of New seats = (x + 350)
Therefore,
→ Price * consumption = Total Revenue.
→ 98 * (x + 350) = (550x/3)
→ 98*3*(x + 350) = 550x
→ 294x + 294*350 = 550
→ 550x - 294x = 294*350
→ 256x = 294*350
→ x = (294*350)/256
→ x ≈ 401 .
Hence, initial there were 401 seats in the cinema hall.
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