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sesenic [268]
3 years ago
14

A teacher has decided to take her fifth grade class to a play. The manager of the theater agreed to discount the regular ​$35 pr

ice of the ticket by ​$0.30 for each ticket sold. The cost of the​ bus, ​$480​, will be split equally among each of the students. How many students must attend to keep the cost per student at or below ​$35​?
Business
1 answer:
MArishka [77]3 years ago
8 0

Answer:

40 students

Explanation:

The cost of the bus is $480

For x students, the cost of each ticket will be 35 - 0.30x

The total cost of the tickets for x students will be x(35 - 0.30x)

To find the number of students that will make the cost per student equal to $33, we solve for x:

<u>480+ x(35 - 0.30x)</u>  =35

                x

480+ x(35 - 0.30x<u>)</u>   = 35x

480 + 35x - 0.30x²   = 35x

480                            = 0.30x²

1,600                          = x²

40                               = x

The cost per student will be $35 if the number of students is 40; it will be less than $35 if the number of students is greater than 40.

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Hence, the three financial ratios that constitute return on revenue  are:

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