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Break-even, Charges and Investments

1. A theatre spends $5000. building a set for a new play. Each performance of the play
costs the theatre $700. The theatre sells $1200. worth of tickets for each performance. How many performances must the theatre put on to break even?

2. An amusement park charges admission plus a fee for each ride. Admission plus two rides cost $10. Admission plus five rides cost $16. What is the charge for admission for each ride?

3. You have $5100. to invest in two different investments. Investment A pays 4% and investment B pays 6% You would like to earn $265. in interest. How much money should you place in each investment?

Solution Summary

This is a set of word problems involving break-even point, admission for rides, and investments.