SOLUTION: the tickets in a raffle are numbered 1, 2, 3, and so on. The Price of a ticket is the number of cents equal to the number of the ticket. If the raffled article cost $100, what is

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: the tickets in a raffle are numbered 1, 2, 3, and so on. The Price of a ticket is the number of cents equal to the number of the ticket. If the raffled article cost $100, what is      Log On

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Question 731964: the tickets in a raffle are numbered 1, 2, 3, and so on. The Price of a ticket is the number of cents
equal to the number of the ticket. If the raffled article cost $100, what is the least number of tickets
that must be sold so that those conducting the raffle will not lose money?

Found 2 solutions by lynnlo, ikleyn:
Answer by lynnlo(4176) About Me  (Show Source):
Answer by ikleyn(53422) About Me  (Show Source):
You can put this solution on YOUR website!
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the tickets in a raffle are numbered 1, 2, 3, and so on. The Price of a ticket is the number of cents
equal to the number of the ticket. If the raffled article cost $100, what is the least number of tickets
that must be sold so that those conducting the raffle will not lose money?
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I will reformulate the problem to make my reasoning shorter.


They want you find the minimal integer number value  'n' such that

the sum  1 + 2 + 3 + . . . + n  is greater than or equal to 10,000.


Such sum is  %28n%2A%28n%2B1%29%29%2F2,  so we need the minimal 'n' such that


    %28n%2A%28n%2B1%29%29%2F2 >= 10000.



Simplify this inequality


    n*(n+1) >= 20000.    (*)


Take the square root of 20000:  sqrt%2820000%29 = 141.42.


    +----------------------------------------------------------+
    |   Now I state that your minimum value of  'n'  is  141.  |
    +----------------------------------------------------------+


Let's check the inequality (*).


    (a)  141*142 = 20022.   Good, ok.


    (b)  140*141 = 19740.   Not good.


At this point, the solution is completed by the simplest and the shortest way.


Your ANSWER  is  n = 141.

Hip-hip hurray !

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The answer '50' in the post by @lynnlo is incorrect.

Simply ignore his post.