Question

A school allots £2000 to spend on a trip to the theatre. Theatre tickets have a regular cost of £32 each and are on offer for 1 4 off. A train ticket for the day will cost £12 each. If 2 teachers and the maximum number of students attend, how much money will the school have left over?

Answer 1

£20

Explanation:

Given that:

Total amount alloted = 2000

Ticket cost = 32

Discount = 1/4 off

Hence, ticket price = 3/4 * 32 = 24

Train ticket cost = 12

Total cost per person = £(12 + 24) = £36

Hence, alloted amount / cost per person

= £2000 / £36

= 55.55

Total number that can attend = 2 teachers and 53 students

Change = £2000 - (£36*55)

= £20