Question

You have $15 to spend on school supplies. You need to buy a three-ring binder and some folders. The binder costs $5.99 and each folder costs $1.99. How many folders can you buy?

Answer 1

After buying a $5.99 binder, the student can purchase 4 folders at $1.99 each with the remaining $9.01 from their $15 budget.

Step-by-step explanation:

To determine how many folders a student can buy with $15 after purchasing a three-ring binder that costs $5.99, we need to perform a few calculations. Firstly, we subtract the cost of the binder from the total budget:

$15.00 - $5.99 = $9.01

Now that we have the remaining budget, we need to divide this amount by the cost of each folder:

$9.01 ÷ $1.99 ≈ 4.53

Since you can't buy a fraction of a folder, we round down to the nearest whole number, which is 4 folders. Therefore, the student can purchase 4 folders after buying the binder, using up most of their $15 budget.