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Toby Is Arranging for a Rock Concert to Be Held

question 7

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Toby is arranging for a rock concert to be held in the students union. The use of the hall will be free but security costs of £100 will have to be met. The cost of the main band will be £2,500 and the supporting band will cost £150. Tickets will be priced at £11 each. If Toby sells 500 tickets as he anticipates, what profit will this event make?


Definitions:

Franklin

Refers to Benjamin Franklin, a prominent American polymath known for his contributions to the founding of the United States and his discoveries and theories regarding electricity.

Wilkins

Maurice Wilkins, a biophysicist who contributed to the discovery of the structure of DNA.

Watson

Watson refers to James Watson, an American molecular biologist, geneticist, and zoologist, best known as one of the co-discoverers of the structure of DNA in 1953 alongside Francis Crick.

Amino Acids

Fundamental components of proteins, each containing an amino group, a carboxylic acid group, and a unique side chain.

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