Worked examples / Days out

Is the concert price worth it?

Two tickets at $95, plus $30 of booking fees, $35 of travel and parking and $40 of food and drinks, for two and a half hours of music, by a band you rate 8 out of 10.

Close call

The ticket says $95 each. It really costs $148 each.

It costs in all$295$190 of it is tickets

It is worth to you$3042 x $152

It is worth it at 7.8 out of 10 or more. You put 8.
It is worth it as long as everything besides the tickets stays under $114. It comes to $105.
For every $1 of ticket, you pay $1.55 in all.
That is $59.00 a person for each hour of fun: 2.5 hours out of 5, or 50% of the trip.

Put in your own numbers

This is a worked example with illustrative figures, not data about any real person or company. Change any of them in the calculator and the answer changes with them.

How this answer was worked out

Worth to each	$190 x 8 / 10 = $152
Liking needed	10 x $148 / $190 = 7.76
Tickets	2 x $95 = $190
It costs in all	$190 + $35 + $40 + $30 = $295
Per person	$295 / 2 = $148
Per $1 of ticket	$1.55
Per person, per hour of fun	$295 / (2 x 2.5) = $59.00
Worth in all	2 x $152 = $304
Net	$9
Most the rest can cost	$114

Every formula is written out on the formulas page.

What the calculator asks you

How many people are going
Ticket price each, before fees
Travel and parking
Food and drinks
Booking and service fees, merchandise
Hours the whole night takes
Hours of music
How much do you like the band, from 1 to 10
The most you would pay to see your favourite band, per person

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How this answer was worked out

What the calculator asks you

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