If an organization were to sell n tickets for a theater production, the total revenue from ticket sales would be 20 percent greater than the total costs of the production. If the organization actually sold all but 5 percent of the n tickets, the total revenue from ticket sales was what percent greater than the total costs of the production?

(A) 4%
(B) 10%
(C) 14%
(D) 15%
(E) 18%

Highlight to see answer: C

Please post your explanations in the comments below!

2 Responses to “Theater Tickets”

Sudhanshu says:

Let total cost be x, revenue would be 120% of x.

Then applying unitary method, 100% of n for 120%x

therefore, 95n would be 120x * 95/100=114.

And 114- 100=14

Sudhanshu says:

Let total cost be x, revenue would be 120% of x.

Then applying unitary method, 100% of n for 120%x

therefore, 95n would be 120x * 95/100=114.

And 114- 100=14. Answer (c)

Leave a Reply