A performer expects to sell 5,000 tickets for an upcoming concert. If they sell all 5,000, they will make make a total of $311,000 in sales from these tickets. All of the tickets cost the same price.


1. What is the price for one ticket?

2. How much will they make if they sell 7,000 tickets?

3. How much will they make if they sell 10,000 tickets?

4. How much will they make if they sell 120,000 tickets?

5. If they make $379,420, how many tickets did they sell?

6. How many tickets will they have to sell to make AT LEAST $5,000,000? Remember, you cannot sell part of a ticket.

7. What is the constant of proportionality for this relationship?

Answers

Answer 1

Answer:

1. $62.20

2. $435,400

3. $622,000

4. $7,464,000

5. 6,100

6. 80,386

7. The constant of Proportionality is 62.20 or 62.2

Step-by-step explanation:

The way you find the answer to number 7 is by dividing 311,000 by 5,000.

You will then get the answer 62.20.

Answer 2

The price for one ticket is $62.20, the total amount is $435,400 if they sell 7,000 tickets.

What is a fraction?

Fraction number consists of two parts, one is the top of the fraction number which is called the numerator and the second is the bottom of the fraction number which is called the denominator.

It is given that:

A performer expects to sell 5,000 tickets for an upcoming concert.

One ticket price = (Total tickets sales)/(Expected number of tickets to sell)

One ticket price = 311000/5000

One ticket price = $62.20

The price for 7000 tickets:

= 62.20x7000

= $435,400

The price for 10,000 tickets:

= 62.20x10,000

= $622,000

The price for 120,000 tickets:

= 62.20x120,000

= $7,464,000

= $379,420/62.20

= 6,100

= 5,000,000/62.20

= 80,386

The constant of Proportionality is 62.20

Thus, the price for one ticket is $62.20, the total amount is $435,400 if they sell 7,000 tickets.

Learn more about the fraction here:

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