The Leukemia and Lymphoma Society sponsors a 5K race to raise money. It receives $55 per race entry and $10,000 in donations, bu
t it must spend $15 per race entry to cover the cost of the race. Write and solve an inequality to determine the number of race entries the charity needs to raise at least $55,000.
<span>x = number of entries
55x + 10000 - 15x ≥ 55000
First, subtract 10000 from each side
55x - 15x ≥ 45000
Now, we can combine 55x and 15x because they've both got the same variable attached
40x ≥ 45000
Now divide each side by 40 to isolate x (which is the number of entries)
x ≥ 1125
The race needs at least 1125 entries to raise at least $55,000.</span>