If you sell 1,000 tickets at $50/ticket, 2,000 tickets at $60/ticket and 2,500 tickets at $65/ticket, what percentage of the revenue are the

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If you sell 1,000 tickets at $50/ticket, 2,000 tickets at $60/ticket and 2,500 tickets at $65/ticket, what percentage of the revenue are the sells from the $50 ticket?

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Eva 4 days 2021-10-13T01:00:29+00:00 1 Answer 0

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    2021-10-13T01:01:33+00:00

    Answer:

    The percentage of revenue sells from the $50 ticket is 15.0375 %

    Step-by-step explanation:

    Revenue obtained by a type of ticket = amount of one ticket of that type × total numbers of tickets of that type

    Therefore ,

                  Revenue obtained by $50 tickets = 1000 × 50

                                                                            = 50000$

                  Revenue obtained by $60 tickets = 2000 × 60

                                                                            = 120000$

                  Revenue obtained by $65 tickets = 2500 × 65

                                                                           = 162500$

                  Total amount of revenue obtained = 50000 + 120000 + 162500

                                                                             = 332500$

    Hence ,

                 Percentage of revenue obtained from the sells of $50 = \frac{50000}{332500} × 100 = 15.0375 %

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