Mathematics, 01.07.2020 15:01 dylan516

Please can someone help me answer this question Q1. The management of Lamana Hotel finds that they will sell all 800 tickets at K4 per person for a 1 hour concert
for one night only. For each K1 increase in the gate fee, management expects 100 fewer customers to buy tickets.
How much should the management charge for gate fee so that it collects K3,500 from gate takings? Hint: Form
equations and solve.

Answers: 3

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