Question : By increasing the price of a ticket in the ratio of 8 : 11, the number of tickets sold falls by the ratio of 23 : 21. What is the increase (in Rs) in revenue, if revenue before the increase in the price of the ticket was Rs. 36800?
Option 1: 21250
Option 2: 9400
Option 3: 7850
Option 4: 12850
New: SSC CGL 2025 Tier-1 Result
Latest: SSC CGL complete guide
Suggested: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: 9400
Solution : Given: By increasing the price of a ticket in the ratio of 8 : 11, the number of tickets sold falls by the ratio of 23 : 21. Let the price of the tickets be $8x$ and $11x$ and the sales of tickets be $23y$ and $21y$. Initial revenue = $23y × 8x$ As per the question, $(8x × 23y) = 36800$ ⇒ $xy = 200$ So, new revenue $= 21y× 11x = 11 × 21 × xy = (11 × 21 × 200) =46200$ Therefore, increase in revenue = (46200 – 36800) = Rs. 9400 Hence, the correct answer is 9400.
Candidates can download this ebook to know all about SSC CGL.
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Question : The price of the entry ticket at the fun park was increased in the ratio 7 : 9, due to which, footfalls fell in the ratio 13 : 11. What is the new daily collection (in Rs.), if the daily collection before the price hike was Rs. 2,27,500?
Option 1: 2,37,500
Option 2: 2,47,500
Option 3: 2,32,500
Option 4: 2,42,500
Question : An article was sold at Rs. 950, allowing a 5% discount on the marked price. The marked price of the article is:
Option 1: Rs. 960
Option 2: Rs. 1000
Option 3: Rs. 955
Option 4: Rs. 945
Question : An item costing Rs. 200 is being sold at a 10% loss. If the price is further reduced by 5%, the selling price will be:
Option 1: Rs. 170
Option 2: Rs. 171
Option 3: Rs. 175
Option 4: Rs. 179
Question : The profit obtained by selling an article for Rs. 625 is the same as the loss incurred if it is sold for Rs. 545. The price at which it is to be sold to realize a profit of Rs. 65 on the cost price is:
Option 1: Rs. 640
Option 2: Rs. 630
Option 3: Rs. 650
Option 4: Rs. 660
Question : A shopkeeper earns a profit of 15% after selling a book at a 20% discount on the printed price. The ratio of the cost price to the printed price of the book is:
Option 1: 20 : 23
Option 2: 23 : 20
Option 3: 16 : 23
Option 4: 23 : 16
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile