ISEE Mathematics Achievement Question 295: Answer and Explanation
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Question: 295
7. The ticket price to a school's spring musical production is $6. The auditorium has a seating capacity of 300. After having spent $550 on stage production and $250 on advertising, how much profit did the school make, assuming the show was sold out?
- A. $700
- B. $800
- C. $900
- D. $1,000
Correct Answer: D
Explanation:
D To find the profit, find the total amount of ticket sales and then subtract the expenses the school had for stage production and advertising. Since the show sold out, all 300 seats were purchased. If each seat cost $6, then the sales total was 300 × 6 = 1,800. Subtract the expenses from the total sales to find the net profit: 1,800 - (550 + 250) = 1,800 - 800 = 1,000. The correct answer is (D).