If Scalpers bought 8000 tickets at $90 each and sells them for $120 each then the profit that Scalpers is $240000.
Given that the number of tickets be 8000 and the selling price of 1 ticket be $120.
We are required to find the profit that Scalper make.
Profit is the amount above the cost that sellers make after selling the products.
Profit=Selling price-Cost of the product.
Number of tickets=8000
Selling price of 1 ticket=$120
Suppose the cost of 1 ticket be $90.
Cost of 1 ticket=$90
Profit on 1 ticket=120-90=$30
Total profits=30*8000
=$240000
Hence if Scalpers bought 8000 tickets at $90 each and sells them for $120 each then the profit that Scalpers is $240000.
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