Problema Solution
A 5000-seat theater has tickets for sale $28 and $40. How many tickets should be sold at each price for a sell out performance to generate a total revenue of $153,200
Answer provided by our tutors
Let
x = the number of $28 tickets
y = the number of $40 tickets
x + y = 5000
28x + 40y = 153200
........
........
x = 3,900 tickets
y = 1,100 tickets
There are 3,900 tickets of $28 each and 1,100 tickets of $40 each sold.