A business in entertainment, Extravaganza, starts a facility where a single ticket is charged at INR 30. The breakup cost per person is given in . The fixed expenses of the Extravaganza total INR 8,000. Calculate the breakeven price for a single ticket that the business must sell

Table 5.1 Break-up cost of one ticket

Price per ticket

INR 30

Less: Variable expenses

Dinner

INR 7

Favours and program

3

10

Contribution margin per person

INR 20