In order to maximize his gain, a theatre owner decides to reduce the price of tickets by 20% and as a result of this, the sales of tickets increase by 40%

Answers (1)

In order to maximize his gain, a theatre owner decides to reduce the price of tickets by 20% and as a result of this, the sales of tickets increase by 40%. If, as a result of these changes, he is able to increase his weekly collection by Rs. 1,68,000. Find by what value did the gross collection increase per day.   

  • Option 1)

    14,000

  • Option 2)

    15000

  • Option 3)

    24,000

  • Option 4)

    20,000

  • Option 5)

    18,000

Exams
Articles
Questions