Budgeting and Profit Calculations

The video tutorial covers solving inequalities through practical examples involving a carnival. It includes calculating the minimum number of roller coaster riders needed for profit, determining the maximum number of campers a youth camp can afford, finding the maximum insurance cost for an exotic animal exhibit, and calculating the sales needed for a commission target. Each example uses inequalities to solve real-world problems, enhancing understanding of the concept.

What is the minimum number of people required to ride the roller coaster daily to achieve a profit of $1,000?

• 200

• 211

• 220

• 230

If the youth summer camp has a budget of $2,000, what is the maximum number of campers that can attend the carnival?

• 77

• 75

• 70

• 80

What is the total cost for chaperones and transportation for the youth summer camp?

• $800

• $700

• $600

• $500

What is the greatest daily insurance rate the owner of the exotic animal exhibit can afford to pay to make a profit of more than $500?

• $28.00

• $25.00

• $26.50

• $27.27

How many days is the exotic animal exhibit displayed at the carnival?

• 5 days

• 6 days

• 4.5 days

• 5.5 days

What is the minimum amount of sales Shane needs to make to earn more than $1,500?

• $15,000

• $18,000

• $20,000

• $22,000

What percentage commission does Shane earn on all sales made at the carnival?

• 5%

• 4%

• 6%

• 3%