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11 November, 04:44

There is a relationship between the expected number of tickets sold for a raffle and the dollar value of the prize for the raffle. The equation T - 6P = 100 describes this relationship, where T is the expected number of tickets sold, and P is the dollar value of the raffle prize. Suppose the expected ticket sales for a certain raffle are 1900. Determine the dollar value of the raffle prize.

a.

$11,500

c.

$1800

b.

$300

d.

$250

+3
Answers (1)
  1. 11 November, 05:11
    0
    Given:

    T - 6P = 100

    T = tickets sold

    P = dollar value of the raffle prize.

    Ticket sales = 1,900, what is P?

    T - 6P = 100

    1,900 - 6P = 100

    - 6P = 100 - 1900

    - 6P = - 1800

    - 6P / - 6 = - 1800/-6

    P = 300

    The dollar value of the raffle prize is $300. Choice B.
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