Questions: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs 2. There is 1 winning ticket out of the 190 tickets sold. The winner gets a prize worth 98. Round your answers to the nearest cent. If the PTO sells all 190 raffle tickets, how much money can they expect to raise for the classroom supplies? 380

The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs 2. There is 1 winning ticket out of the 190 tickets sold. The winner gets a prize worth 98. Round your answers to the nearest cent. If the PTO sells all 190 raffle tickets, how much money can they expect to raise for the classroom supplies? 380
Transcript text: The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs $2. There is 1 winning ticket out of the 190 tickets sold. The winner gets a prize worth $98. Round your answers to the nearest cent. If the PTO sells all 190 raffle tickets, how much money can they expect to raise for the classroom supplies? $380
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Solution

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Solution Steps

Step 1: Calculate total revenue from ticket sales

If each ticket costs $2 and 190 tickets are sold, the total revenue is 2 * 190 = $380.

Final Answer:

$380

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