In a cinema hall, the charge per person is Rs. 200. On the first day, only 60% of the seats were filled. The owner decided to reduce the price by 20% and there was in increase of 50% in the number of spectators on the next day. The percentage increase in the revenue on the second day was.

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answer is D.

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Detailed Solution

Concept: Assume there will be 100 seats available on the first day. The money earned on the first and second days can then be calculated by multiplying the ticket price by the number of occupied seats.
Let the total number of seats in the cinema hall be.

The revenue of the hall on the first day

The price was lowered by

on the second day, making the new price

Since there were more spectators, their total number is equal to

The second day's revenue

percent growth in revenue

Hence, the correct answer is option (4).

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