The Oviedo Drama Group is planning to present performances of their Adelaide Revue on 2 consecutive nights in January.It will cost them $5,000 per night for theater rental,event insurance and professional musicians.The theater will also take 10% of gross ticket sales.How many tickets must they sell at $10.00 per ticket to raise $1,000 for their organisation?

Question

Quizplus · Accepted Answer

To cover costs and raise $1,000, they need to make $11,000 in total. With 10% of sales going to the theater, they need to sell enough tickets to make $11,000 / 0.9 = $12,222.22. At $10 per ticket, they need to sell 1,223 tickets.

The Oviedo Drama Group Is Planning to Present Performances of Their