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There is a relationship between the expected number of tickets sold for a raffle and the dollar value of the prize for the raffle. The equation T - 6P = 100 describes this relationship, where T is the expected number of tickets sold, and P is the dollar value of the raffle prize. Suppose the expected ticket sales for a certain raffle are 1900. Determine the dollar value of the raffle prize.

a.

$11,500

c.

$1800

b.

$300

d.

$250

Verified Answer :

taskmasters

Given:
T - 6P = 100

T = tickets sold
P = dollar value of the raffle prize.

Ticket sales = 1,900, what is P?

T - 6P = 100

1,900 - 6P = 100
- 6P = 100 - 1900
- 6P = -1800
- 6P / -6 = -1800/-6
P = 300  

The dollar value of the raffle prize is $300. Choice B.

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