A certain fishing boat is chartered by 6 people who are to contribute equally to the total charter cost of $480. If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe? A)$80 B)$66 C)$55 D)$50 E)$45

Rakan wrote:A certain fishing boat is chartered by 6 people who are to contribute equally to the total charter cost of $480. If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe? A)$80 B)$66 C)$55 D)$50 E)$45 Hi! The total cost is $480, so the cost per person is $480/6 people = $80 per person The each put down $150/6 = $25 down payment, so they owe: $80 - $25 = $55 each... choose (C). We could also have done this in a slightly different order: $480 - $150 = $330 total remaining after the down payment. $330 total / 6 people = $55 per person remaining.

Rakan wrote:A certain fishing boat is chartered by 6 people who are to contribute equally to the total charter cost of $480. If each person contributes equally to a $150 down payment, how much of the charter cost will each person still owe? A)$80 B)$66 C)$55 D)$50 E)$45 Since each of the 6 people has to contribute equally to the total charter cost of $480, each needs to contribute $480/6 = $80. Since each of the 6 people contributes equally to a $150 down payment, each contributes $150/6 = $25 to the down payment. Thus, each person still owes $80 - $25 = $55. Answer: C