If a stadium has 15,000 seats sold at $10.00, $12.50, and $15.00 equally distributed in three sections, how much can be made if the stadium sells out?
1 answer:
First we have to determine how many people fir in each section. Since these sections are evenly distributed, each section has a third of the capacity, thus= 15,000/3 = 5000 persons per section. Now we determine revenue by section by multiplying times the ticket price. 5,000 * $10.00 = $50,000 5,000 * $12.50 = $62,500 5,000 * $15.00 = $75,000 We add up the totals for $187,500 and that's the answer!
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