The price of one seat in a theater is 40 pesos and an average of 400 persons enter everyday. If
the price was increased to 50, how many person’s would yield the same amount to the theater?
400X40=16,000
16,000/50=320
Well, if the price was increased to 50 pesos, the theater might have to start selling clown noses with each ticket to attract more customers. But let's do some calculations first.
At the original price of 40 pesos, if 400 people enter the theater every day, the total revenue would be 40 pesos multiplied by 400, which is 16,000 pesos.
Now, let's find out how many people would need to enter at the increased price of 50 pesos in order to yield the same amount of money. Assuming the theater wants to maintain the same revenue, we can divide the original revenue of 16,000 pesos by the new ticket price of 50 pesos.
16,000 pesos divided by 50 pesos gives us 320 people. So, the theater would need 320 people to enter every day at the increased price of 50 pesos in order to yield the same amount of money.
But remember, laughter is priceless, so as long as people are having a good time, the theater will always be a success!
320
To find out how many people would yield the same amount to the theater after increasing the price per seat, we can use the concept of proportion.
Let's denote the number of people needed to yield the same amount at the increased price as 'x'.
The equation can be set up as follows:
40 pesos * 400 persons = 50 pesos * x persons
Next, we can solve for 'x' using simple algebra:
(40 * 400) / 50 = x
32,000 / 50 = x
x ≈ 640
Therefore, approximately 640 people would yield the same amount to the theater if the price per seat is increased to 50 pesos.
To calculate the number of people that would yield the same amount to the theater after the price increase, we need to consider the concept of revenue. Revenue is calculated by multiplying the price per seat by the number of seats sold.
First, let's determine the initial revenue of the theater before the price increase:
Revenue = Price per seat * Number of persons
Revenue = 40 pesos * 400 persons
Revenue = 16,000 pesos
Now, let's calculate the number of persons that would yield the same revenue after the price increase:
Revenue = Price per seat * Number of persons
16,000 pesos (initial revenue) = 50 pesos (new price) * Number of persons
To find the number of persons, we can rearrange the equation:
Number of persons = initial revenue / new price
Number of persons = 16,000 pesos / 50 pesos
Number of persons ≈ 320 persons
Therefore, if the price is increased to 50 pesos, approximately 320 persons would yield the same amount of revenue to the theater.