The number of seats in a cinema hall is decreased by 8 and also the price of the ticket is increased...........

Quant (SSC) Percentage

The number of seats in a cinema hall is decreased by 8% and also the price of the ticket is increased by 4 percent. What is the effect on the revenue collected?

increase 4.32%

decrease 4.32%

increase 3.32 percent

decrease 3.32%

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Explanation:

Let initially seats are 100 and price of each seat is 100,
so total initial revenue = 10000
now, seats are 92 and price of each seat = 104,
so total revenue = 92*104 = 9568
so percent change in revenue = (432/10000)*100 = 4.32 decrease