document.write( "Question 221208: In planning for a school dance, you find that one band will play for $250, plus 50% of the total ticket sales. Another band will play for a flat fee of $550. In order for the first band to produce more profit for the school than the other band, what is the highest price you can charge per ticket, assuming 300 people attend?\r
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document.write( "i tried setting it up something like .50(250-x)+250>550 x= the price of tickets
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document.write( "but I am not getting the correct answer. \n" );
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Algebra.Com's Answer #166049 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! Let price of ticket be P\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Then proceeds from sale of 300 tickets = 300P\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Since the 1st band wants $250, plus 50% of ticket sales, then the school would have to pay the 1st band 250 + .5(300P), or 250 + 150P, and the profit from using the 1st band = \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Since the 2nd band wants a flat fee of $550, then the school would have to pay the 2nd band $550, and the profit from using the 2nd band = \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Since we're looking for the 1st band to make more profit for the school than the 2nd band, then we'll have: \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "300P - 250 - 150P > 300P - 550\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "300P - 150P - 300P > - 550 + 250\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "- 150P > - 300\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "P < \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Therefore, in order for the 1st band to make more profit for the school than the 2nd band, the price of 300 tickets should be < $ |