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SAT® Math

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Moderate

Expected Profit

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SATMAT-JFQEJV

A concert venue charges $ {\$25} $ per ticket and has a fixed operating cost of $ {\$5000} $ per concert. The venue expects to sell between $ 10,000 $ and $ 15,000 $ tickets.

Which inequality represents the expected profit per concert, $P$ ?

A

$ 245,000\le P\le 370,000 $

B

$ 250,000\le P\le 375,000 $

C

$ 400\le P\le 600 $

D

$ 5,400\le P\le 5,600 $