Question

The arena’s maths festival has been a success. It is decided that a quarter of the arena’s profits from this year’s festival will go towards hosting it again next year. Profit Tickets £32,543.99 Stalls £1,125.02 Merchandise £1,523.31 Advertisements £5,300.88 Use the list of arena’s profits shown above to work out how much money the arena will put towards hosting next year’s festival. The amount put towards next years festival is £

Answer 1

We will start by adding all the arena's profits:£32,543.99 (from tickets) + £1,125.02 (from stalls) + £1,523.31 (from merchandise) + £5,300.88 (from advertisements) = £40,493.20
We will divide this by four to get the quarter of the profits:£40,493.20 / 4 = £10,123.30
£10,123.30 is the total amount that will go towards the funds for next year's festival.