A performer expects to sell 5,000 tickets for an upcoming concert. They want to make a total of $311, 000 in sales from these tickets. What is the price for one ticket?

Question

asked Dec 11, 2020 30.7k views

1 Answer

Vojislav Stojkovic · Answer 1 · 2020-12-18T05:04:24+0000

The price of one ticket is $ 62.2

Given that a performer expects to sell 5000 tickets for an upcoming event

They want to make a total of $ 311, 000 in sales from these tickets

To find: price of one ticket

Let us assume that all tickets have the same price

Let "a" be the price of one ticket

So the total sales price of $ 311, 000 is obtained from product of 5000 tickets and price of one ticket

$\text {total sales price }=5000 * \text { price of one ticket }$

$311000 = 5000 * a\\\\a = (311000)/(5000)\\\\a = 62.2$

Thus the price of one ticket is $ 62.2