SOLUTION: A civic group sells 1000 raffle tickets to raise $2500 for its namesake charity. First prize is $1000, second prize is $300, and third prize is $200. How much should the group char

Algebra ->  Probability-and-statistics -> SOLUTION: A civic group sells 1000 raffle tickets to raise $2500 for its namesake charity. First prize is $1000, second prize is $300, and third prize is $200. How much should the group char      Log On


   



Question 599729: A civic group sells 1000 raffle tickets to raise $2500 for its namesake charity. First prize is $1000, second prize is $300, and third prize is $200. How much should the group charge for each ticket?
Answer by lynnlo(4176) About Me  (Show Source):
You can put this solution on YOUR website!
ANSWER:
$2.50CENTS