SUMMARY
The cost per ticket when purchasing a roll of 25 tickets for 15 dollars is 0.60 dollars each. This calculation is derived from the formula: Cost per ticket = Total cost of tickets / Number of tickets, which results in 15/25 = 0.60. The price of single tickets at 75 cents each is irrelevant to this calculation, as it pertains only to the cost of the roll. Therefore, the correct approach is to focus solely on the total cost of the roll divided by the number of tickets in that roll.
PREREQUISITES
- Basic understanding of arithmetic operations
- Familiarity with fractions and ratios
- Knowledge of cost analysis in purchasing
- Ability to interpret mathematical expressions
NEXT STEPS
- Explore the concept of unit pricing for bulk purchases
- Learn about ratio and proportion problems in mathematics
- Investigate how to calculate discounts and savings on bulk items
- Study practical applications of arithmetic in everyday financial decisions
USEFUL FOR
This discussion is beneficial for anyone involved in budgeting, purchasing decisions, or financial literacy, including students, parents planning events, and individuals managing expenses.