Question

the entrance ticket at the Minerva theatre in Mumbai is worth Rs 250. When the price of the ticket was lowered, the sale of the tickets increased by 50% while the collections decreased by 17.5%. find the deduction in the ticket price?
a) 150 b) 112.5 c) 105 d) 120

Answer 1

@jim_thompson5910

Answer 2

@freckles

Answer 3

@aum

Answer 4

what is Rs

Answer 5

currency -> rupees

Answer 6

So the price is 250 for ticket
x is the number of ticket purchases
so 250x is the the total amount for sales
--
so 250 was lowered by some amount <--this is the deduction cost we are looking for
so that new cost per ticket is (250-m)
where I'm letting m be the the deduction...

Answer 7

ok

Answer 8

the number of tickets sold will be .5 percent more
So we have (1+.5)x(250-m)
there is also a .175 decrease
1.5x(250-m)=(1-.175)(250x)
There is two variables there and we only care about that m

Answer 9

thnx very much

Answer 10

oh yeah x doesn't equal 0
go ahead and divide both sides by x

Answer 11

now you just have an equation in terms of m
the answer you seek

Answer 12

yes its \(\bf 112.5\)

Answer 13

\[1.5(250-m)=(1-.175)(250)\]

Answer 14

fish time
bbl