If by increasing the price of a ticket in the ratio 8:11 the number of tickets sold fall in the ratio 23:21 then what is the increase (in Rs) in revenue if revenue before increase in price of ticket was Rs 36,800?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2. i.e.9400
Ratio of price of ticket = 8 : 11
Ratio of numbers of ticket = 23 : 21
Ratio of revenues = 184 : 231
As Given,
184x = 36,800
x = 200
Increase in revenue = 47 units
= 47 × 200
= Rs.9400