The Lions Club has a target of raising at least Tk 500 thousand. It has already raised Tk 100 thousand. The club is sponsoring a 'Pitha' festival and Tk 5000 per ticket. Which equation represents the number of tickets (t) that the club must sell to meet its target?
A
5t=500
B
5t=100
C
5t+100=500
D
(5+100)t=500
Correct Answer: 5t+100=500
5t + 100 = 500 5 thousand × number of tickets + 100 thousand = 500 thousand