Question

A holiday company charters an aircraft to fly to Malta at

a cost of $22 000. It then sells 150 seats at $185 each and a
futher 35 seats at a 20% discount. Calculate the profit made
per seat if the plane has 200 seats.

Answer 1

$54.65

Explanation:

First, we find the total amount made. This is easy:

(150 x 185) + (35 x .8(185)) =

27750 + 5180 =

32930

We then subtract the $22000, so the company makes a profit of 10930. There are 200 seats, so the profit made per seat is $54.65

Answer 2

$54.65 profit per seat

Explanation:

150(185) + 35(185)(.8) = 27,750 + 5,180 = 32,930 - 22,000 = 10,930

10,930/200 = $54.65 profit per seat