A charity organization is having a fundraiser.

Question

The variable P models the fundraiser's profit (in dollars) if n tickets are sold. A negative profit means the expenses exceeded the income from tickets.
P=70n-1500
How much money does the charity raise by selling a single ticket?

Answer 1

By looking at the equation, we can see that the coefficient of n is 70.

Therefore, for every ticket sold, the charity raises $70.