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Real-Life Activities

Real-Life Math

It's wine and cheese time for your gallery and it's your job to organize the fund-raiser this year. As usual, you're trying to put on a champagne style event on a shoestring budget, so it's going to take some juggling on your part.

The party will include entertainment (a string quartet), wine, cheese and hors d'oeuvres. The gallery also plans to hold a draw for a painting donated to the gallery at half price by a local artist.

This event typically provides the gallery with 15 percent of its annual operating budget. You need to at least match this figure. If the total cost of putting on the party is $2,500, and tickets are selling for $50 a piece, how many tickets will have to be sold to pay the expenses and raise 15 percent of this year's operating budget of $57,000?

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