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2 January, 20:36

A travel website sells tickets to a city for two airlines. Among those buying tickets, 20% fly airline A, and 80% fly airline B. If the price of a ticket is $600 for airline A and $360 for airline B, what is the expected revenue of an airline ticket sold by this travel website? (Note: Airline A has much more desirable departure times than Airline B, so it charges more.)

$360

$408

$500

$600

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Answers (1)
  1. 2 January, 21:02
    0
    The answer is the second one because you 0.80 x 600=480 and 0.20 x 360=72 and then subtaract the 2 answers from each other and it will become 408
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