Question

You are working as an apprentice for the bksb.Newcastle.arena. when bands play at the arena the money made from ticket sales is split in an.agreed ratio. When Phillip Cage played, £21,000 was split at a ratio of 2:5 between.the.arena and phillip cage. How much money did.tje.arena.make from phillip cages concert

Answer 1

add the ratio together: 2:5 = 2+5 = 7

Divide the total money made by 7:

21,000 / 7 = 3,000

The ratio 2:5 between the arena and Phillip Cage , means the arena made 2 for every 5 Phillip Cage gets.

Multiply the 3,000 from above by 2 to get the amount the arena gets:

Arena made: 3000 x 2 = £6,000