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The number of seats in a cinema hall is decreased by 12 percent and the price of tickets also decreased by 4 percent. Find the change in the collection of revenue.
decrease 15.52%
decrease 16.52%
decrease 17.52%
decrease 14.325
Let initial seats = 100 and cost per seat = 100, so initial revenue = 10000 now final revenue = 88*96 = 8448 % percent change in revenue = [(10000 – 8448)/10000]*100 = 15.52%
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