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26 November, 06:58

A charity organization had a fundraiser where each ticket was sold for a fixed price of $ 70. They had to sell a few tickets just to cover necessary production costs. After selling 10 tickets, they were still at a net loss of $800, (due to the production costs). Let (n) P, denote the net profit from the fundraiser P (measured in dollars) as a function of the number of tickets sold n. Write the function's formula.

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  1. 26 November, 09:55
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    P (n) = 66n-1200

    12000+1200=13200,

    13200/200+66,

    it asks net profit, so you need to minus $1200 to find it.
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