Calculate ticket sales revenue from tickets sold and price, with optional refunds, fees and costs, or find how many tickets to sell to reach a goal.
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Ticket Sales Formula
The following formula gives retained-ticket face-value revenue. The calculator also adds organizer-retained fees and subtracts discounts and entered fixed costs. Fees paid to a processor are expenses, not the retained-fee income entered here.
- TS is retained-ticket face-value revenue before fees, discounts and fixed costs ($)
- T is retained tickets: tickets sold minus fully refunded tickets (whole tickets)
- CPT is the average selling price per retained ticket ($/ticket)
Multiply retained tickets by average selling price for face-value revenue. Add retained fees and subtract discounts on those same retained tickets, then subtract entered fixed costs for net ticket proceeds. Each full refund removes the same average price, retained fee and discount. Blank optional inputs mean zero. Fractional-cent average amounts are preserved until display rounding; proceeds are not a complete accounting profit measure.
How to Calculate Ticket Sales?
The following arithmetic examples assume no refunds, retained fees, discounts or fixed costs, so face-value revenue and the calculator’s net ticket proceeds are equal.
Example Problem #1:
- First, determine the total tickets sold.
- The total number of tickets sold is given as 10,000.
- Next, determine the average selling price per ticket ($/ticket).
- The average selling price per ticket ($/ticket) is provided as 4.
- Finally, calculate the Ticket Sales using the equation above:
TS = T * CPT
The values given above are inserted into the equation below:
TS = 10,000 * 4 = 40,000.00 ($)
Example Problem #2:
For this problem, the variables needed are provided below:
total tickets sold = 80,000
average selling price per ticket ($/ticket) = 3
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
TS = T * CPT = ?
