document.write( "Question 1013962: Tickets were $2 each.
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document.write( "57,444 tickets were sold.
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document.write( "202 prizes were given.
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document.write( "First prize was worth $2000. Second prize was worth $1500. Third prize was worth $1000. Fourth prize was $995. Fifth prize was $990; sixth was $985 and so on with the value of each subsequent prize worth $5 less than the one before until the 202nd prize which was worth only $5.
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document.write( "How much profit was made after all the prizes were given out? \n" );
document.write( "
Algebra.Com's Answer #630394 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Tickets were $2 each. \n" ); document.write( "57,444 tickets were sold. \n" ); document.write( "202 prizes were given. \n" ); document.write( "First prize was worth $2000. Second prize was worth $1500. Third prize was worth $1000. Fourth prize was $995. Fifth prize was $990; sixth was $985 and so on with the value of each subsequent prize worth $5 less than the one before until the 202nd prize which was worth only $5. \n" ); document.write( "How much profit was made after all the prizes were given out? \n" ); document.write( ": \n" ); document.write( "Find the total amt received \n" ); document.write( "2 * 57444 = $114,888 \n" ); document.write( ": \n" ); document.write( "Find how much is left after 1st and 2nd prizes were paid \n" ); document.write( "114888 - 2000 - 1500 = $111,388 \n" ); document.write( ": \n" ); document.write( "Calculate the total amt of the remaining 200 prizes \n" ); document.write( "Find the average pay out between the 3rd and 202th prize \n" ); document.write( " \n" ); document.write( "Use this average to find the total of 200 payouts \n" ); document.write( "200 * 502.5 = $100500 paid out \n" ); document.write( "Find how much is left of the 111388 remaining after 1st and 2nd prizes are paid \n" ); document.write( "111388 - 100500 = $10,888 profit \n" ); document.write( " |