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

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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?

posted Mar 2 by Sidharth Malhotra

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1 Answer

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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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