In an entertaining program,250 ticket of $400 and 500 tickets of $100 were sold.I f the tax is 40% on the ticket of $400 and 10%on the ticket of $100 , find out how much entertainment tax was collected by the program
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Answer:
Step-by-step explanation:
$400- 250 tickets
40% tax on $400
40/100*400= 160
250 tickets tax= 160*250= $40000
$100- 500 tickets
10% tax on $100
10/100*100= 10
500 tickets tax= 500*10= $5000
Total tax= 5000+40000
= $45000
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