Answered

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A club organises a lottery, selling tickets at 25 cents each. The club will be giving a prize of
€58
to the winner but also plans to make a profit of
€150
from the whole event. What is the least number of tickets that the club needs to sell?

Sagot :

Using proportions, it is found that the club needs to sell at least 832 tickets to make their desired profit.

What is a proportion?

A proportion is a fraction of a total amount, and the measures are related using a rule of three.

The prize is of €58, with the event making a profit of €150, hence the amount of money they have to earn from tickets is given by:
A = 150 + 58 = €208.

The tickets are sold at €0.25, hence the number of tickets they have to sell is:

n = 208/0.25 = 208 x 4 = 832.

More can be learned about proportions at https://brainly.com/question/24372153

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