Question

The owner of a house has paid the advance water charge for three months beginning October 1. The owner sold the house, and it closed November 27. How much credit will the owner receive at closing? The total water bill is $95.a.35.10b.35.89c.36.14d.36.94

Answer 1

Answer: A. $35.10

Explanation:

Since the total money paid for the water for 3months is $95 and there are 31 days in October, 30days in November and 31 days in December totalling 92days. Therefore $95 was charged for water for 92days.

Since the owner sold the house and the rentage stopped 27th November, this shows the person only used water for (31+27) days i.e 58 days in the house.

The amount that will be received by the owner upon closing will be;

Since 92days of water used is equivalent to $95

58days will be equivalent to 58×95/92 = $59.9

The amount received will be

95-59.9 = $35.10 (A)