Question
In order to maximise his gain, a theatre owner decided
to reduce the price of tickets by 10% and as a result of this, the sales of tickets increased by 40%. If, as a result of these changes he is able to increase his weekly collection by Rs.5,46,000, find by what value did the gross collection increase per day.Solution
Weekly collection = 5,46,000 ā“ Gross collection increase per day = 546000/7 = Rs.78,000 Since, weekly collection is given we can find out the collection per day. Percentage is given just to confuse.
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