SOLUTION: One band costs$250 plus 50%of all ticket sales. The other band costs $550. How much would tickets need to caost in order to get the first band for no more than the 2nd band if 300

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Question 11370: One band costs$250 plus 50%of all ticket sales. The other band costs $550. How much would tickets need to caost in order to get the first band for no more than the 2nd band if 300 people were going to buy tickets?
Answer by askmemath(368) About Me  (Show Source):
You can put this solution on YOUR website!
The second band costs $550
The first band costs $250 + 50% of ticket sales
The difference in the 1st and 2nd band is $300 which is compensated by the 50% of the sales clause.
Which means the organisers must sell enough tickets to equal the cost.
If 505 = 300 Then 100% = (100x300)/50 = 600
If 300 tickets cost $600 then each ticket must cost 600/300 = $2