Question

Tickets to a school dance are sold for $10 each. The student council spent a total of $400 on set-up costs for the dance. The school's profit (p
), in dollars, from the dance depends on the number of tickets sold (1).
Which function describes the relationship between p and 1?

Answer 1

Answer:

P(t) = 10t - 400

Step-by-step explanation:

Selling price of each ticket = $10

Cost of setting up the dance= $400

Profit = Revenue - cost

Revenue = price × quantity

Revenue that will maximize profit = 10t

where t= quantity of tickets that maximises profits

Cost = $400

Profit(t) = Revenue - cost

P(t)= 10t - 400