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The entry ticket at a fun park was increased in the ratio 7 : 9, due to which footfalls fell in the ratio 13 : 11. What is the new daily collection (in Rs.), if the daily collection before the price hike was Rs. 2,27,500?
The entry ticket at a fun park was increased in the ratio 7 : 9, due to which footfalls fell in the ratio 13 : 11. What is the new daily collection (in Rs.), if the daily collection before the price hike was Rs. 2,27,500?
1). 237500
2). 247500
3). 232500
4). 242500
1). 237500
2). 247500
3). 232500
4). 242500
This Question has 2 answers.
Since Daily collection = (Price of one ticket) × (Footfall per day)
∴ Ratio of daily collection before and after change = (7 × 13) : (9 × 11) = 91 : 99
Since the daily collection before price hike was Rs. 227500;
∴ New daily collection = 227500 × 99/91 = Rs. 247500Since Daily collection = (Price of one ticket) × (Footfall per day)
∴ Ratio of daily collection before and after change = (7 × 13) : (9 × 11) = 91 : 99
Since the daily collection before price hike was Rs. 227500;
∴ New daily collection = 227500 × 99/91 = Rs. 247500Similar Questions
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