A school sold drama tickets for 100 each for donating to an orphanage. One member sold 75% of his tickets and had 80 tickets left. How much money did the member collect?
Correct Answer Choice 4. The member collected 24,000
Explanatory Answer - step by step
Step 1: Jot down information known about the number of tickets with the member
Let the total tickets with the member be x.
The member has sold 75% of the tickets given to him.
Step 2: Equate the number of tickets unsold to the percentage of tickets unsold to find total number of tickets
25% of the tickets are unsold.
Number of unsold tickets = 80.
25% of x = 80
Step 3: Solve for x
x = 80
i.e., x = = 320
Step 4: Compute the number of tickets sold and the value of tickets sold
Number of tickets sold by the member = Total tickets - tickets unsold = 320 - 80 = 240.
Money collected = 240 * 100 = 24,000
The correct answer is Choice 4. 24,000
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