document.write( "Question 559956: Attendance at a cinema decreased by 12 %. How many percent should the price of
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document.write( "the movie ticket be raised so that the revenue would only decrease by 5 %? \n" );
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Algebra.Com's Answer #363601 by ankor@dixie-net.com(22740) You can put this solution on YOUR website! Attendance at a cinema decreased by 12 %. \n" ); document.write( "How many percent should the price of the movie ticket be raised so that the revenue would only decrease by 5 %? \n" ); document.write( ": \n" ); document.write( "Assume there are 100 at $1 each in attendance originally \n" ); document.write( "A 12% decrease means only $88 in revenue \n" ); document.write( "A 5% decrease mean $95 in revenue \n" ); document.write( "95 - 88 = 7% increase in price to have 95% revenue \n" ); document.write( " |