Answer to Question #38374 in Quantitative Methods for diana

Question

Price of the ticket for movie THE LORD OF RINGS in a cinema is Rs.50. When the price of the ticket was lowered, the number of visitors increased by 60% and the box office collection increased by 36%. Find the reduction in the ticket price.
A man bought 1,000 shares each of face value Rs. 5 at Rs. 7 per share. At the end of the year, the company declared a dividend of 8%. Calculate

(a) the amount of money invested by the man.

(b) the percentage return on his outlay, correct to nearest paise.