Question

A stadium sold 4000 tickets at $75 per ticket 5350 tickets at $62 per ticket and 7542 tickets at $49 per ticket what was the total ticket sales revenue

Answer 1

$ 1,001,258

Explanation:

Revenue in economics is the profit without the deduction of costs to sell. To find the revenue, multiply the quantity by its given price. Lastly, add all of the numbers up to get the revenue.

The revenue of the stadium is:

(Price 1 × Quantity 1) + (Price 2 × Quantity 2) + .....

(4000×75) + (5350×62) + (7542×49) =

1001258