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24 Aug 2016, 05:12
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B
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A travel company wants to charter a plane to the Bahamas. Chartering the plane costs $8,000. So far, 18 people have signed up for the trip. If the company charges $300 per ticket, how many more passengers must sign up for the trip before the company can make any profit on the charter?
A. 7
B. 9
C. 13
D. 27
E. 45
A. 7
B. 9
C. 13
D. 27
E. 45
Senthil1981
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24 Aug 2016, 06:16
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Bunuel
A travel company wants to charter a plane to the Bahamas. Chartering the plane costs $8,000. So far, 18 people have signed up for the trip. If the company charges $300 per ticket, how many more passengers must sign up for the trip before the company can make any profit on the charter?
A. 7
B. 9
C. 13
D. 27
E. 45
A. 7
B. 9
C. 13
D. 27
E. 45
Number of passengers required to meet the Cost = \(\frac{8,000}{300} = 26.XXX\)
So once there are 27 passengers, the start making profit. Already there are 18, so 27-18 = 9 more are required.
Answer is B
+1 for kudos
paidlukkha
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24 Aug 2016, 06:51
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18*300 = 5400
8000-5400= 2600
2600/300 = 26.xx
minimum 27 people
so 27-18=9 (B)
8000-5400= 2600
2600/300 = 26.xx
minimum 27 people
so 27-18=9 (B)
