math

posted by .

the chippa soccer association calculates its profit from gate taking match according to this formular
p=5n-55
Where p is profit in rand an n is the number of people in the stadium
a.calculate the profit when the number of people in the stadium is 250
b.if n=10,find p.explain what this means
c.after a pariticular match the profit gained by the association was R600
How many people watch the match that day
d.how many people must attend the match so that the association does not make a loss

  • math -

    a. Just plug in the n value into your formula and solve for p.

    b. Plug in again, what do you think it means?

    c. Plug in 600 for p and solve for n

    d. Assuming 55 is the cost, 5n ≥ 55.

  • math -

    PROFIT AND LOSS

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    Profit Maximation question help P=MR+$750 TC =2500000+500q+0.00Q squared Mc =500+0.01Q Calculate profit maximizing level Calculate the company's optimal profit and optimal profit as a percentage of sales revenue Can anyone help here …
  2. health care?business

    I am doing a paper on not for profit and for profit health care organizations and i am confused I know for profit is to make money and not for profit has more of the charity help but when i do a search i always get non-for profit so …
  3. math

    a company will make $150000 profit if it manufactures 1000000 items and $1750000 profit if it manufactures 500000 items. the relationship bewteen the number of drives manuactured and the profit is a linear. write an equation that gives …
  4. math

    `A chain store manager has been told by the main office that daily profit, P, is related to the number of clerks working that day, x according to the equation P= -25x^2+300x. What number of clerks will maximize the profit, and what …
  5. Math

    A chain store manager has been told by the main office that daily profit, P is related to the number of clerks working that day, x, according to the equation P= -25x^2 + 300x. What number of clerks will maximize the profit, and what …
  6. Algebra

    A chain store manager hs been told by the main office that daily profit, P, as related to the number of clerks working that day, x, according to the functions P=-25x^2 + 300x. What number of clerks will maximize the profit, and what …
  7. Math

    Given a total profit of p(x) = 1.4x-0.02x^2-20 let x represent a number of days and find profit achieved and when that profit is made
  8. Statistics

    An investor is considering an investment in a start-up company. she estimates that she has probability 0.25 of a $ 39,739 loss, probability 0.20 of a $ 19,759 profit, probability 0.15 of a $ 49,068 profit, and probability 0.40 of breaking …
  9. profit and loss

    mr. rajesh calculates his profit percentage as a percentage of selling price. he sells an item for rs.150 and calculates his profit percentage to be 20% what is the true profit percentage
  10. Math

    A company runs food service concessions for sporting events throughout the country. Their marketing research department chose a particular football stadium to test market a new jumbo hot dog. It was found that the demand for the new …

More Similar Questions