Sports Marketing Ticket Price Math

The stadium can seat 15,000 fans. If the stadium is 85 percent full, how many tickets were sold?

12,750

For tonight's concert Harold decided to charge general admission, where all of the tickets were the same price. He set the price at $10 and 13,000 fans showed up. What was the night's revenue?

$130,000

Angela booked a band for tonight. She decided to use yield management pricing and set three ticket prices: $17.50, $15.00, and $12.50. Fans bought 3,000 seats in each section. What was the revenue for the event?

$135,000

If 9,000 fans bought tickets totaling $135,000, what was the average revenue per ticket?

$15

If a stadium has 15,000 seats sold at $10.00, $12.50, and $15.00 equally distributed in three sections, how much can be made if the stadium sells out?

$187,500.00

If a stadium has 15,000 seats sold at $12.50 each, how much can be made if the stadium sells out?

$187,500.00

A stadium sells 1,000 tickets at $10 and 2,000 tickets at $5. What is the average ticket price for the event?

$6.67

If it costs $75,000 to put on an event and total revenue is $135,000, how much profit did the concert bring in?

$60,000

A stadium's normal ticket price is $78. As a special promotion they offer 15% off. What is the price of the discounted ticket?

$66.30

If it costs $75,000 to put on an event and total revenue is $135,000, what is the profit as a percentage of revenue? (Round to the nearest percent.)

44%