Question

The blues band, Jonny and the Silver Toads, charges $25 per ticket at their performances. Their next venue charges them $900 for use of the venue. Based on the inequality below, how many tickets, , do they need to sell in order to profit at least $1,925?

Answer 1

The band must sell at least 113 tickets to make a net profit of at least $ 1,925.

Explanation:

While the band charges $ 25 for each entrance ticket to their performances, and the venue charges them $ 900 for the use of the place, the number of tickets that must be sold for the band to obtain a profit of at least $ 1,925 arises from the following calculation:

1,925 + 900 = Costs plus profit

2,825 / 25 = Number of tickets needed to cover costs and profit

113 = Number of tickets needed to cover costs and profit.

Therefore, the band must sell at least 113 tickets to make a net profit of at least $ 1,925.