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Discussion :: Percentage

  1. On increasing the price of tickets for a show by 20 % the audience decreases by 30%. What is the effect on revenue?

    2. A.
    16% increase
    B.
    16% decrease
    C.
    4% increase
    D.
    4% decrease

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    Workspace

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    Answer : Option B

    Explanation :

    Apply formula: Effect on revenue

    = percent increase - percent decrease -Apti Percentage 74

    = 20 - 30 -Apti Percentage 75

    = - 10 -Apti Percentage 76

    = -10 - 6 = - 16 %

    '-' sign shows decrease in revenue.

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