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A Campus Republicans fundraiser offers raffle tickets for $11 each. The prize for the raffle is a $300 television set, which must be purchased
A Campus Republicans fundraiser offers raffle tickets for $11 each. The prize for the raffle is a $300 television set, which must be purchased with the proceeds from the ticket sales. Find a function that gives the profit/loss for the raffle as it varies with the number of tickets sold. How many tickets must be sold for the ticket sales to equal the cost of the prize? The equation used to model this situation is where p is the profit in dollars and t is the number of tickets sold. tickets must be sold for the ticket sales to equal the cost of the prize.
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