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SSC GD Constable 2024 · Question 44 of 75

The price of a movie ticket was increased by 18%. The increase in ticket price reduced the number of audiences by 25%. What is the effect on revenue?

  1. AIncrease by 10%
  2. BDecrease by 14%
  3. CDecrease by 11.5%Correct
  4. DDecrease by 9.5%

Answer: C. Decrease by 11.5%

Explanation

Let the initial revenue be 100. After an 18% increase in price, the new price is 118. With a 25% decrease in audience, the new revenue becomes 118 × 0.75 = 88.5. The decrease in revenue is 100 - 88.5 = 11.5%. Thus, the correct answer is a decrease by 11.5%.

Source: SSC GD Constable 2024 Official Paper (Held On 20 Feb 2024 Shift 3) English — Prepp (with answer key and explanations) · reliable-secondary

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