it is estimated that the carnival will last four hours and that the chosen game will run on average five times each minute of the carnival. if it cost $1 to play the game and each prize costs the school $3, how much money can the school expect to make from this game? show your method for calculating and your workings.
it is estimated that the carnival will last four hours and that the chosen game will run on average five times each minute of the carnival. if it cost $1 to play the game and each prize costs the school $3, how much money can the school expect to make from this game? show your method for calculating and your workings.
I'm not sure that I understand the question correctly, but will give it a go!.
4 hours X 60 minutes=240 minutes
240 minutes X 5 =1,200 number of time the game is played.
1,200 X $1=$1,200 gross revenues from the game.
240 minutes X $3 prize=$720 paid out by school in prizes.
$1,200 - $720 =$480 expected net revenue to the school.
