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Question
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 = 1,500
5n + 300 = 1,500
5n - 200 + 100n = 1,500
5n - 100 - 200n = 1,500
Step1: Calculate total cost
The DJ charges $200 and decorations cost $100, so total cost is \(200 + 100 = 300\) dollars.
Step2: Calculate total revenue
Each student is charged $5, so total revenue from \(n\) students is \(5n\) dollars.
Step3: Relate profit, revenue, and cost
Profit = Revenue - Cost. We want profit to be $1500, so \(5n - 300 = 1500\).
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\(5n - 300 = 1500\) (corresponding to the first option)