We have the next information
x is the number of raffle tickets
the Profit function is R(x) function minus C(x)
C(x)=0.08x+55
R(x)=2x
P(x)=R(x)-C(x)=2x-(0.08x+55)=2x-0.08x-55
We sum similar terms
P(x)=1.92x-55
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