Originally 21 acts were tentatively to perform at the arena ; only 10 have been booked. What is the shortfall if the other acts

Question

3 years ago

7

do not perform, assuming an average profit margin of 175000 for each concert

2 answers:

Yakvenalex [24] · Answer 1 · 2022-07-06T09:09:37+03:00

8 0

Find the number of acts not booked = 21 - 10 = 11

multiply by the profit for each act 11 * 175000 = $1,925,000 shortfall

anyanavicka [17] · Answer 2 · 2022-07-06T10:10:08+03:00

Answer:

The shortfall was of $19,25,000.

Step-by-step explanation:

Originally 21 acts were tentatively to perform at the arena.

Only 10 have been booked.

Means $21-10=11$ acts were not booked.

Lets say the average profit margin of each concert is = $175000

So, 11 acts would have earned a profit of = $11\times175000=1925000$ dollars

So, the shortfall was of $19,25,000.