SOLUTION: The drama club is selling tickets to a play for $10 each. The cost to rent the theater and costumes is $500. In addition the printers are charging $1 per ticket to print the ticket

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Question 204418: The drama club is selling tickets to a play for $10 each. The cost to rent the theater and costumes is $500. In addition the printers are charging $1 per ticket to print the tickets. How many tickets must the drama club sell to make a profit?

Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
The drama club is selling tickets to a play for $10 each.
The cost to rent the theater and costumes is $500.
In addition the printers are charging $1 per ticket to print the tickets.
How many tickets must the drama club sell to make a profit?
:
Let x = no. of tickets required to make a profit
:
revenue - cost = profit
:
10x - 1x - 500 > 0
:
9x > +500
x > 500%2F9
x > 55.55 tickets ~ 56 need to be sold to make a profit
:
:
Check solution, when 56 tickets are sold
P = 10(56) - 56 - 500
P = 560 - 56 - 500
P = $4 profit