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Tickets of a play was Rs. 350 but after sale of 80% tickets, price of each ticket was increased by 10%. If total number of tickets sold were 550, then what is the total earning of tickets after increment?

Tickets of a play was Rs. 350 but after sale of 80% tickets, price of each ticket was increased by 10%. If total number of tickets sold were 550, then what is the total earning of tickets after increment? Correct Answer 42350

Initial price of ticket = Rs. 350

New price = 110% of 350 = Rs. 385

Number of tickets sold at Rs. 385 = (100 - 80)% of 550

⇒ Number of tickets sold at Rs. 385 = 110

Now, total earning on tickets after increment = 385 × 110 = Rs. 42350

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