Question 228977
In this problem, if the tickets cost $20 a piece, and they bought 80 then the company would have spent $1,600.  Now if they gave 20 way, then they only have 60 left to sell. At half price equaling $10, multiplied by 60, equals $600 profit.

Now with a $1600 being spent on tickets and they only gained $600 profit from selling the rest to the employees for half price, their loss equals $1000.

Each ticket= $20
Employee paid= $10