What will be the effect of these changes on the revenue collection and how much?

The number of seats in a cinema hall is increased by 25%.
The cost of each ticket is increased by 10%.
What will be the effect of these changes on the revenue collection and how much?

1 Answer

The new revenues are 37.5% higher than the old revenues.
.
New revenue = Old revenue * 1.25 * 1.1 = 1.375

answer Mar 2 by Jcm

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