An enterainment company charged Rs200 per ticket for a show the capacity of the show was 500 people but due to over booking the managed had to return Rs300 to 100 people what is company total earning from the show
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Answer:
TOTAL EARNING FROM THE SHOW IS ₹70,000
Step-by-step explanation:
- Cost of one ticket is 200
- Capacity is 500
- TOTAL MONEY THEY COULD EARN IS 200X500 = 1,00,000
- MONEY RETURNED IS 300x100 = 30,000
∴TOTAL MONEY EARNED IS = MONEY EARNED - MONEY RETURNED
= 1,00,000 - 30,000
= ₹70,000
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