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11 May, 03:09

Ticket was sold with fixed price of $70. A few more tickets were sold to cover extra expenses, after selling 10 tickets there was still a loss of $800.

Let P represent $ and 'n' tickets

Complete the equation for the relationship b/n net profit and number of tickets sold.

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  1. 11 May, 06:43
    0
    P = 70n - 1500

    Step-by-step explanation:

    Hi, the price of each ticket is $70. So, if after 10 tickets were sold

    ($70 x 10 = $700) there was still a loss of $800, the expression of the initial loss is:

    Loss = ($70 x 10) + 800 = 700 + 800 = $1500

    To obtain the equation for the profit, we have to multiply the price of each ticket by the quantity (n) and subtract to that result the initial loss (1500):

    Mathematically speaking:

    P = 70n - 1500
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