Income VS Expenses of A Concert
The local band has made it BIG TIME! ... because now they can now move their gig to a local bar. The bar charges a $20 starter fee and $2 for each person at the concert. The tickets are sold at a price of $5 and one of the mothers of the band members donated $5 to start off their income for the night. Time to find out if the band will gain or lose money!
C = Cost ($)
p = number of people
Equation for Income: C=5p+5
Equation for Expenses: c=2p+20
ENCORE... or the end!
In conclusion, the band's income weighed over their expenses. As long as there were tickets sold, the band did not lose any money. The band made $255 and lost $120. They had a total $135 left over after the expenses. Therefore, the expenses successfully paid using the income from the night. Bravo!