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Alexeev081 [22]
3 years ago
5

The seventh grade class is putting on a variety show to raise money. It cost $700 to rent the banquet hall that they are going t

o use. If they charge $15 for each ticket, how many tickets do they need to sell in order to raise at least $1000
Mathematics
2 answers:
Neporo4naja [7]3 years ago
7 0

Since the question is partial, i will assume 2 scenarios:

  • They need to raise 1000 income
  • They need to make 1000 as profit

<u>If $1000 as income:</u>

Each ticket costs $15, so \frac{1000}{15} =66.67 tickets would bring them $1000 income. Fractional ticket is not possible, so rounding gives us 67 tickets as the answer.


<u>If $1000 as profit:</u>

Their cost of renting is $700. We know that Profit = Income - Cost.

So, 1000=Income-700\\Income=1000+700\\Income=1700. So, to raise $1700, we need \frac{1700}{15} =133.33 tickets. Fractional ticket is not possible, so rounding gives us 114 tickets as the answer.


ANSWER:

If need to raise atleast $1000 as income, they need to sell 67 tickets.

If need to raise atleast $1000 as profit, they need to sell 114 tickets.

bixtya [17]3 years ago
5 0
Just divide $1000 by $15, because $15 times something should equal around $1000.

we get 66.6 repeating, so we'll round it up to 67.

67 tickets at least. (67 × $15 = $1005)
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