Final answer:
Ranch High School earned a total of $2367.50 from ticket sales during the basketball tournament. After subtracting the cost of supplies ($375), their profit was $1992.50, which is not enough to meet their goal of $3,500 for updating the gym. The algebraic expression for the profit earned is Profit = 8.5a + 5c - 375.
Step-by-step explanation:
To determine if Ranch High School has enough money to update the gym after the basketball tournament, we need to calculate the total revenue from ticket sales and then subtract the cost of the supplies.
The total revenue from adult ticket sales is 205 tickets × $8.50 per ticket, and from child ticket sales is 125 tickets × $5.00 per ticket. Adding these together gives us the total revenue from ticket sales.
Total Revenue from Adults = 205 × $8.50 = $1742.50
Total Revenue from Children = 125 × $5.00 = $625.00
Total Revenue = $1742.50 + $625.00 = $2367.50
Now we subtract the cost of supplies from the total revenue to find out if they have enough money to meet their $3,500 goal.
Profit = Total Revenue - Cost of Supplies
Profit = $2367.50 - $375 = $1992.50
Since the profit of $1992.50 is less than the needed amount of $3,500, the school does not have enough money to update the gym.
Next, the algebraic expression to represent the profit earned from the basketball tournament, with a representing the number of adult tickets sold and c representing the number of child tickets sold, will be:
Profit = 8.5a + 5c - 375