Shen Is Selling Raffle Tickets. For Every 4 Tickets, He Charges $ 36 \$36 $36 .Complete The Table Below Showing The Number Of Tickets And The Amount Shen Charges.[\begin{tabular}{|l|c|c|c|c|c|}\hline Number Of Tickets & 4 & □ \square □ $ & 7 &

Understanding the Pricing Structure

Shen is selling raffle tickets at a fixed price of $\$36$ for every 4 tickets. This means that the price per ticket is not constant, but rather depends on the number of tickets purchased. In this article, we will explore the pricing structure and complete a table showing the number of tickets and the amount Shen charges.

Pricing Structure Formula

The pricing structure can be represented by the formula:

$$\text{Price} = \frac{\$36}{4} \times \text{Number of tickets}$$

This formula indicates that the price is calculated by dividing $\$36$ by 4 and then multiplying the result by the number of tickets purchased.

Completed Table

Calculating the Price for Each Number of Tickets

To complete the table, we need to calculate the price for each number of tickets. We can do this by using the formula above.

• For 4 tickets, the price is $\$36$.
• For 5 tickets, the price is $\frac{\$36}{4} \times 5 = \$45$.
• For 6 tickets, the price is $\frac{\$36}{4} \times 6 = \$54$.
• For 7 tickets, the price is $\frac{\$36}{4} \times 7 = \$63$.

Discussion

The pricing structure used by Shen is a common practice in many businesses, where the price is calculated based on the quantity of items purchased. This approach can be beneficial for both the seller and the buyer, as it allows the seller to offer discounts for bulk purchases and the buyer to save money by buying in larger quantities.

However, it's worth noting that this pricing structure can be complex and may not be suitable for all types of businesses or products. Additionally, the formula used to calculate the price may not be straightforward, and it may require some mathematical calculations to determine the correct price.

Conclusion

Frequently Asked Questions

In this article, we will answer some frequently asked questions about Shen's raffle ticket sales pricing structure.

Q: How much does Shen charge for 4 raffle tickets?

A: Shen charges $\$36$ for 4 raffle tickets.

Q: How much does Shen charge for 5 raffle tickets?

A: Shen charges $\$45$ for 5 raffle tickets.

Q: How much does Shen charge for 6 raffle tickets?

A: Shen charges $\$54$ for 6 raffle tickets.

Q: How much does Shen charge for 7 raffle tickets?

A: Shen charges $\$63$ for 7 raffle tickets.

Q: What is the price per ticket for 4 raffle tickets?

A: The price per ticket for 4 raffle tickets is $\frac{\$36}{4} = \$9$ per ticket.

Q: What is the price per ticket for 5 raffle tickets?

A: The price per ticket for 5 raffle tickets is $\frac{\$45}{5} = \$9$ per ticket.

Q: What is the price per ticket for 6 raffle tickets?

A: The price per ticket for 6 raffle tickets is $\frac{\$54}{6} = \$9$ per ticket.

Q: What is the price per ticket for 7 raffle tickets?

A: The price per ticket for 7 raffle tickets is $\frac{\$63}{7} = \$9$ per ticket.

Q: Is the price per ticket constant for all numbers of tickets?

A: No, the price per ticket is not constant for all numbers of tickets. However, the price per ticket is $\$9$ for 4, 5, 6, and 7 raffle tickets.

Q: How does Shen's pricing structure benefit the buyer?

A: Shen's pricing structure benefits the buyer by offering a discount for bulk purchases. The buyer can save money by buying more raffle tickets at a lower price per ticket.

Q: How does Shen's pricing structure benefit the seller?

A: Shen's pricing structure benefits the seller by allowing them to offer discounts for bulk purchases. The seller can increase sales by offering a lower price per ticket for larger quantities.

Conclusion

In conclusion, Shen's raffle ticket sales pricing structure is based on a formula that calculates the price by dividing $\$36$ by 4 and then multiplying the result by the number of tickets purchased. We have answered some frequently asked questions about Shen's pricing structure and discussed the benefits of this approach for both the buyer and the seller.