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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?
$5n - 200 + 100n = 1,500$
$5n - 100 - 200n = 1,500$
$5n - 300 = 1,500$
$5n + 300 = 1,500$
Step1: Calculate total cost
The DJ charges \$200 and decorations cost \$100, so total cost is \(200 + 100 = 300\).
Step2: Calculate total revenue
Each student pays \$5, and there are \(n\) students, so total revenue is \(5n\).
Step3: Relate profit, revenue, and cost
Profit = Revenue - Cost. We want profit to be \$1500, so \(5n - 300 = 1500\).
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\(5n - 300 = 1500\) (the third option in the given set of equations)