Question
FCB Museum used to receive 1.8 million visitors on a given season, before the Covid times. Among those: -10% where FCB members which have free
FCB Museum used to receive 1.8 million visitors on a given season, before the Covid times. Among those:
-10% where FCB members which have free entrance
-Another 15% were visitors with somehow 20% discount on the regular ticket
-The remaining 75% paid full ticket entrance:1/3 of them got the premium ticket (40)
1/3 the regular ticket (30)
1/3 the online ticket (regular ticket minus 10% discount).
Let's consider 50% of all the paying members did so with a credit card which results in a financial cost of 1% for the Museum. Additionally, 15% of all visitors spent 20 in photos and also 20% spent 5 in food&beverage, all paid in cash.
Calculate the total revenue of the Museum (ticketing, photos and F&B).
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started