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How do you find the profit for this problem?
The school drama club is performing its summer play at the community theater. Props for the play cost $250, and the theater is charging the drama club $1.25 for each ticket sold. So, the total cost, C, for the drama club to put on the play is C=1.25N+250, where N is the number of tickets sold. Customers pay $4 for each ticket, so the total amount collected from ticket sales is T=4N.
What is the drama club's profit or loss if 213 tickets are sold?
Thanks!
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