Math Problem Statement
Your school is organizing a sports festival, and you need to raise P15,000 to support the event. You will decide to sell one type of customized school merchandise (e.g., T-shirts, caps, or water bottles) to students and staff. Your task is to create a mathematical model to predict how much money can be raised based on the number of items sold, the cost of production, and the selling price. You need to determine the number of items to be sold to reach the fundraising goal. and the number of item sold is 200, cost of production is 250 and the selling price is 325. Solve it using function
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Equations
Profit Analysis
Formulas
Revenue Function: R(n) = p * n
Cost Function: C(n) = c * n
Profit Function: P(n) = R(n) - C(n)
Theorems
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Suitable Grade Level
Grades 10-12
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