The price per ticket can be calculated as follows;
[tex]\begin{gathered} \operatorname{Re}d=\frac{\text{Price}}{No\text{ of tickets}} \\ \operatorname{Re}d=\frac{37.50}{50} \\ \operatorname{Re}d=0.75 \\ \text{Blue}=\frac{16}{20} \\ \text{Blue}=0.8 \\ \text{Yellow}=\frac{5}{5} \\ \text{Yellow}=1.00 \end{gathered}[/tex]The price per ticket for each is given as;
Red tickets = $0.75
Blue tickets = $0.80
Yellow tickets = $1.00
Therefore, 40 red tickets would cost
40 Red = 0.75 x 40
40 Red tickets = $30.00
