Q:

A charity 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 (n)P, denote the net profit from the fundraiser P (measured in dollars) as a function of the number of tickets sold n. Write the function's formula.

Accepted Solution

A:
P(n)=66n-1200
12000+1200=13200,
13200/200+66,
it asks net profit, so you need to minus $1200 to find it.