Question

The arena has come to an agreement with the Sleaford Rockers to pay them according to this formula:

b = tp - (s + 2,000) 3
b is band payment
t is ticket sales
p is ticket price
s is security cost
How much will the Sleaford Rockers get paid if they sell 8,000 tickets at £12 each and the security cost is £4,000?

Answer 1

All you need to do in order to solve this problem is to plug in the values it gives you. The problem gives you all of the values for t, p, and s:

t = 8,000
p = 12
s = 4,000

So if we plug in our known values, we get:

b = (8,000 * 12) - (4,000 + 2,000)
b = 96,000 - 6,000
b = 90,000


The Sleaford Rockers will be paid £90,000.

Answer 2

Sleaford Rockers will get £94000.

Explanation:

The arena has come to an agreement with the Sleaford Rockers to pay them according to this formula:

`b=tp-((s+2000))/(3)`

where,

b is band payment

t is ticket sales

p is ticket price

s is security cost

We need to find amount that will the Sleaford Rockers get paid if they sell 8,000 tickets at £12 each and the security cost is £4,000.

Substitute t=8000, p=12 and s=4000 in the given formula.

`b=8000* 12-((4000+2000))/(3)`

`b=96000-(6000)/(3)`

`b=96000-2000`

`b=94000`

Therefore, Sleaford Rockers will get £94000.