Question

A musical performance is sold out

in a hall that seats 1,800. If the
tickets cost $60 each, and the hall
had expenses of $40,000, what was
the hall's profit?

Answer 1

`\huge\boxed{\sf \$68,000}`

Explanation:

Seats = 1800

Each Seat costs = $60

The whole hall costs = 1800 x 60 = $108,000

Hall expenses = $40,000

Hall's profit:

= Cost of hall - hall expenses

= 108,000 - 40,000

= $68,000

`\rule[225]{225}{2}`