Can you find the maximum profit | Profit and Loss | XAT 2024

In this video, we will solve an interesting problem on Profit and Loss

Reference: XAT 2024

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📒Topics Discussed in the video:

📌 How to solve problems on Profit and Loss
📌 How to find the maximum profit

📒 Question discussed in this video :

The cost of running a movie theatre is Rs. 10,000 per day, plus additional Rs. 5000 per show. The theatre has 200 seats. A new movie released on Friday. There were three shows, where the ticket price was Rs. 250 each for the first two shows and Rs. 200 for the late-night show. For all shows together, total occupancy was 80%. What was the maximum amount of profit possible?

📒 Practice question at the end :

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