contestada

Jude is arranging for a party to be held in the students' union. The use
of the hall will be free but security costs of £300 will have to be met.
The cost of the main band will be £2,500 and the supporting band will
cost £500. Tickets will be priced at £16 each. On arrival, every ticket
holder will be given a bottle of water, worth £1 per bottle. If Jude sells
400 tickets as he anticipates, what profit will he make?
19:08

Respuesta :

raphealnwobi

The profit that Jude made during the party was £3700.

What is profit?

Profit is the difference between revenue and cost. It is given by:

Profit = Revenue - Cost

From the question:

The total cost = 300 + 2500 + 500 + (1 * 400 people) = £3700

Revenue = 400 ticket * £16 = £6400

Profit = Revenue - Cost = £6400 - £3700

The profit that Jude made during the party was £3700.

Find out more on profit at: https://brainly.com/question/23103804

Otras preguntas