A bus service reduced fare by 15% and passengers increased by 20%.
Which inference is correct?
Show answer & explanation
Correct answer: D
Explanation
Let the initial fare be ₹100 and the initial number of passengers be 100.
• Initial Revenue =
• New Fare (reduced by 15%) =
• New Passengers (increased by 20%) =
• New Revenue =
Since the new revenue (₹10,200) is greater than the initial revenue (₹10,000), the revenue increased (by 2%).
Therefore, the correct option is (D).