A charity organization had a fundraiser where each ticket was sold for a fixed price $70. They had to sell a few tickets just to
cover necessary production costs. After selling 10 tickets, they were still at a net loss of $800(due to the production costs). Let p represent the net profit (in dollars)when they have sold n tickets
We know that because we divide 2.32/80. We have to find out what percent the tax is of the amount paid. The answer comes to 0.029. Multiply it by 100, and you get 2.9%