Mr.Abu Hatab is organizing a charity tournament. He plans to charge a $40 entry fee for each of the 120 players. He recently decided to raise the entry fee by $5, and 10 fewer players entered with the increase. He used this information to determine how many fee increases will maximize the money raised.
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Step-by-step explanation:
Given, Charge for each of the 120 players= $40
Money increased by Mr. Abu Hatab= $40+$5
=$45
Players increased= 120 + 10
=130
Total money raised= 45×130
= $ 5,850
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