Question

You want to buy a ticket to the game. If you pre-order the ticket, it is $30. If you don’t, you have to pay a 300% mark-up on the day of the game. How much would you pay if you buy the ticket on the day of the game?

A) $90
B) $120
C) $150
D) $180

Answer 1

Using mathematics, a 300% markup on a $30 pre-order ticket leads to an additional $90 charge on the day of the game, making the total cost $120.

Step-by-step explanation:

The subject of this question is mathematics, specifically focusing on percentage calculations. If you pre-order the ticket, it costs $30. According to the problem, there is a 300% markup on the price of the ticket if you do not pre-order. To calculate the price of the ticket when bought on the day of the game, you need to add the 300% markup to the original pre-order price. Since 300% of $30 is calculated by multiplying $30 by 3, you get $90. Hence, to the original $30, you would add $90 for the total cost on the day of the game.

The calculation is as follows:

1. Determine the markup amount by calculating 300% of the pre-order price: $30 × 3 = $90.
2. Add the markup amount to the initial pre-order price to get the final on-the-day price: $30 + $90 = $120.

Therefore, the correct answer to the question is $120, which corresponds to option B.