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MathNet 2014 Question 85

Math Olympiad Vault · MathNet 2014

Question 85

A ticket to a football match cost $9$ euros. Because there was little interest in buying tickets, the price was reduced. The number of buyers increased by $50\%$ and the revenue from ticket sales increased by $25\%$. What was the reduced ticket price? By what percentage was the new price lower than the original price?