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Mathematics, 22.08.2019 22:30 sierraaasifuent

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a local charity sponsors a 5k race to raise money. it receives $55 per race entry and $10,000 in donations, but it must spend $15 per race entry to cover the cost of the race. write and solve an inequality to determine the number of race entries the charity needs to raise at least $55,000. r = race entry
my equation: 55r + 10,000 - 15r ≥ 55,000
my r ≥ 1,125
is this correct?

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