SOLUTION: The key club is selling raffle tickets to raise money for their organization. The profit (or loss) in dollars, P, after the sale is complete in terms of the number of tickets sold,

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: The key club is selling raffle tickets to raise money for their organization. The profit (or loss) in dollars, P, after the sale is complete in terms of the number of tickets sold,      Log On


   



Question 869697: The key club is selling raffle tickets to raise money for their organization. The profit (or loss) in dollars, P, after the sale is complete in terms of the number of tickets sold, x, is given by the equation: P=3x-(100+2x)
How many tickets must the club members sell to make a $300 profit?
How many tickets must the club members sell before they break even?

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
The profit (or loss) in dollars, P, after the sale is complete in terms of the number of tickets sold, x, is given by the equation: P=3x-(100+2x)
How many tickets must the club members sell to make a $300 profit?
Solve:: 3x-100-2x = 300
x = 400 (# of tickets they must sell)
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How many tickets must the club members sell before they break even?
Solve: 3x-100-2x = 0
x = 100 (# of tickets they must sell)
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Cheers,
Stan H.
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