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The star youth soccer club helps to support its 20 boys and girls teams financially, primarily through the payment of coaches. The club puts on a tournament each fall to help pay its expenses. The cost of putting on the tournament is $8,000 mainly for development, printing and mailing the tournament brochures. The tournament entry fee is $400 per team. For every team that enters it costs the club about $75 to pay referees for the three-game minimum each team is guaranteed. If the club needs $60,000 from the tournament, how many teams should it invite?
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Solution Summary
The expert examines tournament expenses and teams. A step by step solution to the problem is provided.
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Solution:
Let x teams be invited
Earnings = 400x -(8000 + ...
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