Question

the team hopes to sell 500 tickets. the cost. for food per plate is $2.75 and they hope to charge $9.75 for eash dinner. How much profit should they receive from the event?

Answer 1

`\begin{gathered} t=n(p-c) \\ n=500 \\ p=9.75 \\ c=2.75 \\ t=500(9.75-2.75) \\ t=500(7) \\ t=3,500 \\ \text{They will earn \$3,500 } \end{gathered}`