Question 138

Visitors to a show were charged Rs. 150.00 each of the first day, Rs. 75.00 on the second day and Rs. 25.0 on the third day and the total attendance on the three days were in the ratio 2:5:13. The average change per person for the whole show is:

Solution

Let the total visitors be 20. Total revenue = 2 x 150 + 5 x 75 + 13 x 25 = 300 + 375 + 325

= 1000

Average ticket price = Total revenue / total visitors = 1000/ 20 = 50

Share on Whatsapp Share on Whatsapp

Create a FREE account and get: