Answer:
The new cost of tickets after decrease of price at 23 % rate is $ 4.62
Step-by-step explanation:
Given as :
The initial cost of the selling tickets = $ 6
Let The final cost of selling tickets = $ x
The rate of decrease of ticket price = 23 %
Now,
The final cost of tickets = initial cost of tickets × ( 1 - [tex]\dfrac{\textrm rate}{100}[/tex] )
or, $ x = $ 6 × ( 1 - [tex]\dfrac{\textrm 23}{100}[/tex] )
or, x = $ 6 × [tex]\frac{77}{100}[/tex]
∴ x = $ 4.62
So decrease price = x = $ 4.62
Hence The new cost of tickets after decrease of price at 23 % rate is $ 4.62 Answer
