In the system of equations, x represents the number of tickets of Level 1 seats while y represents the number of tickets of Level 2 seats.
Given to us,
system of equations,
Equation 1, 150x + 250y = 125,000,
Equation 2, x + y = 50,000,
Total number of seats = 50,000 seats,
Total number of sales = $125,000,
Level 1 tickets price = $150,
Level 2 tickets price = $250,
Let us assume, Number of tickets of Level 1 is [tex]\bold x[/tex], and, Number of tickets of Level 2 is [tex]\bold y[/tex],
Total sales = (Number of tickets of Level 1 x Level 1 tickets price ) + (Number of tickets of Level 2 x Level 2 tickets price )
125,000 = ([tex]\bold x[/tex] x 150) + ([tex]\bold y[/tex] x 250)
125,000 = 150x + 250y
Now,
Total number of seats = Number of tickets of Level 1 + Number of tickets of Level 2
50,000 = x + y
Therefore, In the system of equations, x represents the number of tickets of Level 1 seats while y represents the number of tickets of Level 2 seats.
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