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M25 #33

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Intern
Intern
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Joined: 23 Jul 2013
Posts: 47
Location: India
Concentration: Strategy, Entrepreneurship
GMAT 1: 680 Q49 V34
WE: Programming (Computer Software)
Followers: 0

Kudos [?]: 5 [0], given: 0

Re: M25 #33 [#permalink] New post 19 Sep 2013, 11:14
Suppose Last month's Price = 100
If increase price by 5% =105
then sold 200 tickets i.e = 200 * 105 = 21000
if sold all 220 tickets for same 100 = 20000

so difference in revenue will be (21000 -20000)/21000 * 100

i.e 1 /21 *100 which is 100 /21.

)) cheers!!
Re: M25 #33   [#permalink] 19 Sep 2013, 11:14
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