The school has budgeted $2,000 for a party at the local park. The cost to rent the park shelter is $150. How much can the student council spend per student on food if each of the 225 students receives a $3.50 gift?
1 Answer
Oct 6, 2017
$4.72 per student
Explanation:
Firstly, subtract $2,000 and $150 (this is because we know we have to take out 150 dollars from the budget in order to even be able to rent a place), then you should get $1,850.
Afterwards, multiply 225 and $3.50 since we want to know how much all of the gifts in total will cost.
Then we subtract $1,850 and $787.5 (a.k.a. the amount we just multiplied with 225 and $3.50). We now have $1062.50 left.
Now we know how much we have left after the other factors (the gifts and the rental cost).
In order to calculate how much we have per student, we divide $1062.50 (the money after the other costs) and 225 (the amount of students). The answer is $4.722222.... or if rounded down, $4.72.