The sale of a cinema tickets is increased by 44% and price of ticket increased by 10%. Find the percentage change in the revenue.
Answer & explanation
Correct answer: option 2
44% = \(\frac{11}{25}\) , 10% = \(\frac{1}{10}\)
Old : New
Sale of tickets 25 : 36
Price of tickets 10 : 11
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Revenue 250 : 396 → 146 (Difference)
(sale × Price)
Revenue increased percentage = \(\frac{146}{250}\) × 100 = 58.4%