Acharity organization had a fundraiser where each ticket was sold for a fixed price of $70. they had to sell

a few tickets just to cover necessary production costs. after selling 10 tickets, they were still at a net loss

of $800 (due to the production costs).

let p represent the net profit (in dollars) when they have sold n tickets

complete the equation for the relationship between the net profit and number of tickets sold.

p=

P = 70n -1500

Step-by-step explanation:

Since the revenue generated from selling 10 tickets was 700 dollars. Still the incurred a loss of 800 dollars due to production costs. Hence the overall production costs would come at a total of 700 + 800 = 1500 dollars. In order to make net profit, they would have to withdraw 1500 dollars from the amount gained by selling 'n' number of tickets;

hence

P = 70n - 1500

70x-1500

(For Kahn academy users)

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