Hi,
x + y = 350 (equation 1)
3x + 2y = 950 (equation 2)
Use Substitution Method
Isolate variable x in equation 1
x = 350 – y (equation 3)
Substitute equation 3 into equation 2
3(350 – y) + 2y = 950
1050 – 3y + 2y = 950
3y – 2y = 1050 – 950
y = 100
Substitute y = 100 into equation 1
x + 100 = 350
x = 250
Answer: 250 $3 tickets and 100 $2 tickets were sold.
Answer:
7.429 cents
Step-by-step explanation:
Given that:
Price change = $1.51 to $2.03
Period of time = 7 years
Therefore, the annual inflation rate :
Difference in price / number of years
($2.03 - $1.51) / 7
$0.52 / 7
= 0.0742857 per year
= 0.0742857 * 100 (about 7.429 cents per year)