A professional organization is planning its annual convention to be held in San Francisco. Arrangements are being made with a large hotel in which convention will be held. Registrants for 3-day convention will be charged a flat fee of $500 per person, which includes registration fee, room, all meals, and tips. The hotel charges the organization $20,000 for the use of the facilities such as meeting rooms, ballrooms, and recreational facilities. In addition, the hotel charges $295 per person for room, meals and tips. The professional organization appropriates $125 of the $500 fee as annual dues to be deposited in the treasury of the national office. Determine the number of registrants necessary for the organization to recover the fixed cost $20,000? a. 200 b. 202 c. 220 d.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A professional organization is planning its annual convention to be held in San Francisco. Arrangements are being made with a large hotel in which convention will be held. Registrants for 3-day convention will be charged a flat fee of $500 per person, which includes registration fee, room, all meals, and tips. The hotel charges the organization $20,000 for the use of the facilities such as meeting rooms, ballrooms, and recreational facilities. In addition, the hotel charges $295 per person for room, meals and tips. The professional organization appropriates $125 of the $500 fee as annual dues to be deposited in the treasury of the national office. Determine the number of registrants necessary for the organization to recover the fixed cost $20,000?
a.
200
b.
202
c.
220
d.
250
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