In the Science City, Kolkata the rate of the ticket is increased by 50% to increased the revenue but simultaneously 20% of the visitor decreased. What is percentage change in the revenue. if it is known that the Science city collects one revenue only from the visitors and it has no other financial supports:
A. +20%
B. -25%
C. +30%
D. -30%
E. Cannot determined
Answer: Option A
Solution(By Examveda Team)
Let the initial revenue be 100 100 === 50% ↑ (Ticket up) ===> 150 === 20% ↓ (Visitors down) ===> 120 There is 20% increase in the revenueRelated Questions on Percentage
A. $$\frac{1}{4}$$
B. $$\frac{1}{3}$$
C. $$\frac{1}{2}$$
D. $$\frac{2}{3}$$
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