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In Mathematics / Middle School | 2014-05-20

The Alan Company bought 80 tickets for a jazz concert. After giving away 20 tickets to customers, the company sold the rest to the employees for half of the purchase price. If the company absorbed a $1,000 loss on all tickets, how much did an employee pay for a ticket?

Asked by TashinaComparoni

Answer (2)

Each employ paid 166.67 for each ticket

Answered by someonezworld | 2024-06-10

Employees paid $10 for each ticket. This amount is calculated by determining the original purchase price of the tickets and selling them at half price. The company incurred a loss of $1,000 through this process.
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Answered by Anonymous | 2024-10-09