Answer: Correct, the system of equations representing the given information is:
- 2x + 3y = 1240 (Total amount collected at the carnival)
- x = 2y - 10 (Number of food tickets sold is 10 less than twice the number of ride tickets sold)
Now, let's solve the system of equations to find the values of x and y.
Step 1: Use equation 2 to substitute for x in equation 1.
Substitute x = 2y - 10 into equation 1:
2(2y - 10) + 3y = 1240
Step 2: Simplify and solve for y.
4y - 20 + 3y = 1240
7y - 20 = 1240
Step 3: Move the constant term to the other side.
7y = 1240 + 20
7y = 1260
Step 4: Divide by 7 to solve for y.
y = 1260 / 7
y = 180
Step 5: Now that we have the value of y, use equation 2 to find the value of x.
x = 2y - 10
x = 2(180) - 10
x = 360 - 10
x = 350
So, the number of ride tickets sold (y) is 180, and the number of food tickets sold (x) is 350.