Use the information below to answer the following question(s).
Big Sports University is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the banquet:
1. Foothills Country Club
a. Fixed rental cost of $600
b. plus $15.00 per person for food.
2. Downhill Country Club
a. Fixed rental cost of $1,080
b. It will have to hire a caterer who charges $12.00 per person for food.
Big Sports has budgeted $900 for administrative and marketing expenses. It plans to hire a band, which will cost another $400. Tickets are expected to be $40 per person. Any other items required for the event will be donated by its local business supporters.
-How many people must purchase tickets assuming option two is chosen, and Big Sports expects to raise $4,820 for the athletic fund? Assume no one pays more than the cost of his/her ticket.

Question

Quizplus · Accepted Answer

The total cost for the banquet is $1,080 (rental) + $12 per person (food) + $400 (band) + $900 (administrative and marketing) = $2,380. To raise $4,820, Big Sports needs to sell $4,820 - $2,380 = $2,440 worth of tickets. Since each ticket costs $40, Big Sports needs to sell 2,440 / 40 = 61 people tickets.

Use the Information Below to Answer the Following Question(s)