3b. Coimbatore FIDE rapid. Final profit 5 Lakhs 71 thousand in 1 day.

 22 DEC - ICC International FIDE Rapid Rating Chess Tournament 2024 – 3rd Edition Prize Money - Rs. 3,00,000; E.Fee Rs.1500/-;Prizes 255(92 Cash, 163 Trophies)

https://chess-results.com/tnr1053696.aspx?lan=1&zeilen=99999

https://chess-results.com/tnr1053696.aspx?lan=1&art=1&rd=9&turdet=YES&zeilen=99999







Tournament date on 22 December 2024
664 players x Rs 1500 = 9 Lakhs 96 thousand ??

Prize money 3 Lakhs. 

FIDE fee. 150 players = Rs 20,000
Rs 100 per player thenafter = 250 players x Rs 100 = Rs 25,000
FIDE Total = Rs 45,000
AICF fee 10% of total prize fund. Rs 30,000

FIDE and AICF = Rs 75,000

Building rental, arbiter fee etc Rs 50,000

Prize money + FIDE, AICF + other expenses = 3,00,000 + 75,000 + 50,000 = 4 Lakhs 25 thousand. 

Final profit = 5 Lakhs 71 thousand in 1 day







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