document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1032378>Question 1032378</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A local university football team has added a national power to next year's schedule.The other team has agreed to play the game for a guaranteed fee of $ 100,000 plus 25 percent of the game receipts\r<BR>\n" );
document.write( "\n" );
document.write( "a) If college officials hope to net a profit of $240,000 from the game, how many tickets must be sold? <BR>\n" );
document.write( "b) If a sellout of 50,000 fans is assured,what ticket price would allow the university to earn the desired profit of $ 240,000? <BR>\n" );
document.write( "c) Again assuming a sellout, what would total profit equal if the $ 12 price is charged?<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #647117 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel555><B>jorel555(1290)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel555><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=647117\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> a)In order to meet the required goal,the university must sell:$100,000+.25x=240,000 worth of tickets. Thus they must sell:<BR>\n" );
document.write( "100000+.25x=240000<BR>\n" );
document.write( ".25x=140000<BR>\n" );
document.write( "x=140000/.25=$560,000 worth of tickets.\r<BR>\n" );
document.write( "\n" );
document.write( "b)$560000 tickets divided by 50000 fans equals $11.20 per ticket.\r<BR>\n" );
document.write( "\n" );
document.write( "c)50,000 fans times $12 per ticket equals $600000 in sales. The profit would be .25 X $600000, or $150,000!!!!!!!! </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );