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    5. The price of a movie ticket was increased by 18%. The increase in ticket price reduced the number of

    Question

    The price of a movie ticket was increased by 18%. The

    increase in ticket price reduced the number of audience by 25%. What is the effect on revenue? 
    A increase by 10% Correct Answer Incorrect Answer
    B decrease by 14% Correct Answer Incorrect Answer
    C decrease by 11.5% Correct Answer Incorrect Answer
    D decrease by 9.5% Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
      More Previous year papers Questions
    • PCA Framework consists of ____________ parameters.

    • Under the Basel III guidelines, it is advised to create a countercyclical capital buffer of 0-2.5%. Which of the following is not true about this buffer:

    • In a capital market, which is efficient informationally:

    • Capital gearing ratio is a fraction of:

    • The CRILC data is used by banks and lenders for due diligence of prospective borrowers. CRILC gets credit data from banks on exposures of what amount? �...

    • How many Board members are there on the Board of SEBI besides the Chairman?

    • Which among the following is NOT included in the capital account of a country?

    • An option that can be exercised only at expiration is called

    • What is the Loan-to-Value (LTV) ratio for loans against gold, given by Scheduled Commercial Banks (SCBs)?

    • The Basel III capital regulations are based on which of mutually reinforcing Pillars

    Relevant for Exams:

    • SSC GD Constable Exam

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