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Temka [501]
3 years ago
15

For the Black Panther Trip 420 students were scheduled to go. After collecting more parent surveys, 15% more students are going

on the trip. Each admission ticket cost $22.75. What was the total amount paid for all the tickets purchased?
Mathematics
1 answer:
natulia [17]3 years ago
4 0

Answer: $ 10,988.25

Step-by-step explanation:

Hi, to answer this question, first we have to multiply the original number of students scheduled to go to the trip (420) by the added students’ percentage (15%) in decimal form (divided by 100)

420 x (15/100) = 420 x 0.15 = 63 students added

Adding the number of extra students to the original number:

420+63 = 483 students (total number of students)

Finally, we have to multiply the result by the cost of each admission ticket (22.75)

483 x 22.75 = $ 10,988.25  

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The least total cost method is the method in which the total cost of the ordering cost and the total carrying cost is equal among various lot size available.

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The formula to compute the economic order quantity is shown below:

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