Question

A stadium sells 1,000 tickets at $10 and 2,000 tickets at $5. What is the average ticket price for the event?

Answer 1

Average =
`(10 + 5)/(2)`
=
`(15)/(2)`
=$7.5

Answer 2

Average Price = (1000*$10 + 2000*$5) / (3000) = $6.67