Examlex

Solved

For a Saturday Matinee, Adult Tickets Cost $5

question 57

Multiple Choice

For a Saturday matinee, adult tickets cost $5.50 and kids under 12 pay only $4.00. If 60 tickets are sold for a total of $285. How many of the tickets were adult tickets and how many were sold to kids under 12?


Definitions:

Obsolete

Refers to products, technologies, or methods that are out-of-date or no longer in use.

Simple Interest Loan

A loan where interest is calculated only on the principal amount, not on accumulated interest.

Net Advantage To Leasing

The financial benefits that accrue to a business when leasing assets as opposed to purchasing them, often considered in terms of cost savings and tax advantages.

Tax Loss Carryforwards

A tax provision that allows individuals or companies to use a net operation loss in one year to offset taxable profits in future years.

Related Questions