mustafas soccer team is planning a school dance as a fundraiser. the dj charges $200 and decorations cost…

mustafas soccer team is planning a school dance as a fundraiser. the dj charges $200 and decorations cost $100. the team decides to charge each student $5.00 to attend the dance. if n represents the number of students attending the dance, which equation can be used to find the number of students needed to make $1,500 in profit? 5n - 300 = 1500 5n + 300 = 1500 5n - 200 + 100n = 1500 5n - 100 - 200n = 1500

mustafas soccer team is planning a school dance as a fundraiser. the dj charges $200 and decorations cost $100. the team decides to charge each student $5.00 to attend the dance. if n represents the number of students attending the dance, which equation can be used to find the number of students needed to make $1,500 in profit? 5n - 300 = 1500 5n + 300 = 1500 5n - 200 + 100n = 1500 5n - 100 - 200n = 1500

Answer

Answer:

$5n - 300=1500$

Explanation:

Step1: Calculate total cost

The DJ charges $200$ and decorations cost $100$, so total cost $C = 200 + 100=300$.

Step2: Calculate total revenue

The team charges each student $5$ dollars. If $n$ is the number of students, total revenue $R = 5n$.

Step3: Set - up profit equation

Profit $P=R - C$. We want a profit of $1500$, so $5n-300 = 1500$.