conceptual profit and loss qs

Q1. In order to increase the daily collections, an art gallery reduced its admission fee of Rs. 7.70 per head by 25%. As a result the daily collection increases by 50%. Find the percentage increase in the number of visitors to the gallery.
a. 100%
b. 25%
c. 30%
d. None of the above

Q2. If the price of petrol increases by 25%, by how much must a user cut down his consumption so that his expenditure on petrol remains constant ?
a. 25%
b. 20%
c. 33.33%
d. 16.67%

Q3. If the price of petrol increases by 25%, by how much must a user cut down his consumption so that his expenditure on petrol increases only by 5% ?
a. 8%
b. 16%
c. 32%
d. 14%

Q4. If the price of petrol increases by 25%, by how much a users expenditure increases considering that he also increases his petrol consumption by 5% ?
a. 31.25%
b. 25.75%
c. 33.65%
d. None of the above

 

I think Q1 ans is 100%

I think Q1 ans is 100% Rest are all easy and my answers are
Q2. b. 20%
Q3. b. 16%
Q4. a. 31.25%

query

Please tell me how to solve Q.1

Q1 answer @sup

Total collection = number of visitors * admission fee

admission fee is reduced by 25% and as a
TC increases by 50%

So 1.5 = x * 0.75

=> x = 2

i.e increase by 100%

__________________

n/a

help

Please explain me the step 1.5=x*0.75
Why have you not use the admission fee information while solving the question?

Admission fee is irrelevant

Admission fee is irrelevant here.
As already explained

Total collections = Number of visitors x Fee of each visitor.

% in total collection = % in number of visitors * % in fee

150 = X * 75

? X = 2 or 200%

? So visitors % increase is 100%

Answers

Q1)100%
Q2)20%
Q3)16%
Q4)31.25%

one of you let me know if these are the answers

@layaphillic

all your answers are correct.

Please read the previous comments

answer

Q2. Let the price of petrol be 100 then the new price will be 125

Let the consumption of petrol by user be x then,
125*x = 100
x = 4/5

1:100
4/5:a

a = 80%

That means user is now consuming petrol 80% of his previous consumption that means he has cut down 20% of his consumption.

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