A pop concert has an audience of 8496 people. two third of the people at the concert pay £15 entrance fee while the remember pay a reduced rate of £7. what is the income from the concert to the nearest thousand pounds ?
Answers
Income from the concert to the nearest thousand pounds is 105000
Given : A concert has an audience of 8496 people.
two third of the people at the concert pay £15 entrance fee
remaining pay a reduced rate of £7.
To Find : Income from the concert to the nearest thousand pounds
Solution:
Total Audience = 8496
Two third of the people = (2/3) 8496 = 5664
Remaining = 8496 - 5664 = 2832
5664 pay entrance fee at rate of £15
Hence Amount = 5664 * 15 = £ 84960
2832 pay entrance fee at rate of £7
Hence Amount = 2832 * 7 = £ 19824
Total income from concert = 84960 + 19824 = £ 104784
104784 to the nearest thousand is 105000 ( as Digit at hundred place is greater than 5)
income from the concert to the nearest thousand pounds is 105000
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