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25 November, 12:58

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?

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  1. 25 November, 16:51
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    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.
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