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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 revenue
Revenue = $5 \times n = 5n$
Step2: Calculate total costs
Costs = $200 + 100 = 300$
Step3: Set up profit equation
Profit = Revenue - Costs, so $5n - 300 = 1500$
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$5n - 300 = 1,500$ (first option)