230k views
0 votes
A 6000-seat theater has tickets for sale at $26 and $40. How many tickets should be sold at each price for a sellout performance to generate a total revenue of $195.200?

User Rgoncalv
by
8.1k points

1 Answer

2 votes
Let's assume that x tickets are sold at $26 each, and y tickets are sold at $40 each. We know that the total number of tickets sold is the sum of x and y, which must equal the capacity of the theater, 6000:

x + y = 6000

We also know that the total revenue generated from ticket sales is $195,200. This can be expressed as:

26x + 40y = 195200

We now have two equations with two variables, which we can solve using substitution or elimination. Here, we will use the substitution method:

x + y = 6000 => y = 6000 - x

26x + 40y = 195200 => 26x + 40(6000-x) = 195200

Expanding the second equation, we get:

26x + 240000 - 40x = 195200

Simplifying and solving for x, we get:

-14x = -44800

x = 3200

Therefore, 3200 tickets should be sold at $26 each, and the remaining 2800 tickets should be sold at $40 each, in order to generate a total revenue of $195,200.
User Fiodorov Andrei
by
8.4k points