Question

Prices to a concert cost N$200 for an adult and N$150 for a child, the concert venue can accommodate at most 240 people. The organizers are giving a N$20 discount to every adult and N$10 discount for every child but do not want the total discounted amount to exceed N$3200. Draw a graph and use it to answer the following questions: i. How many tickets altogether should the organisers sell in order to maximise their sales amount? ii. How many tickets of each type (adult and child) should they sell to get a maximum sales amount? iii. What is the maximum sales amount the organisers can make? iv. If the profit is calculated as follows: profit = total sales – total discount amount. How much profit will the organisers make from the maximum sales?

Answer 1

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Ezine 1 October 2018

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