Question

A school is planning a fundraiser with all profits going to charity. The amount of profit is found by subtracting the total cost from total ticket sales.
Ticket Sales: 200x−10x2

Event Cost: 500+20x

If x represents the price of a ticket, what ticket prices will result in a profit of $200 or more? Express your answers rounded to the nearest cent.



A
$5.69≤x

B
$5.69≤x≤$12.33

C
$3.29≤x

D
$3.29≤x≤$21.29

Please help.

Answer 1

The value of the x should be more than or equal to 5.69. Then the correct option is A.

What is inequality?

Inequality is simply a type of equation that does not have an equal sign in it. Inequality is defined as a statement about the relative size as we will as is used to compare two statements.

A school is planning a fundraiser with all profits going to charity.

Ticket Sales: 200x − 10x²

Event Cost: 500 + 20x

The amount of profit is found by subtracting the total cost from total ticket sales. A profit of $200 or more.

             Event cost − Total sales  ≥ Profit

         (500 + 20x) − (200x − 10x²) ≥ 200

− 200x + 10x² + 500 + 20x − 200 ≥ 0

                         10x² + 180x − 700 ≥ 0

                         10x² − 180x + 700 ≥ 0

                                  x² − 18x + 70 ≥ 0

On simplifying, we have

(x − 5.69) (x − 12.33) ≥ 0

                               x ≥ 5.69, 12.33

Thus, the value of the x should be more than or equal to 5.69. Then the correct option is A.

More about the inequality link is given below.

https://brainly.com/question/19491153