with a view to attract a large number of visitors, the organisers of a book fair reduced the admission fee by 20% and thereby the daily sale proceeds were increased by 20% .find the percentage of increase in the number of visitors
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Answer:
Let initially 100 visitors visit the exhibition daily
Entry fee per person = Re.1
Reduction in entry fee = 25% of Re.1
∴ Reduced entry fee = Rs. 1−14
Rs. =34
Entry fee collected from 100 visitors = Rs .100
Increase in sale of tickets = 20%
Total sale after that =100+20% of 100
=100+20=Rs.120
If entry fee collected = Rs 34 then no of visitors = 1
If entry fee collected is Rs 120, then no of visitors = 1×4×1203=160
Increase % in number of visitors =160−100=60%
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