Question

Two college student decided to rent an apartment near the school they are studying. the nearest and cheapest apartment costs php 5000.00 a month, which they find too much for their monthly budget. how many students will they need to share the rent with so that each will pay only php 1250.00 a month?

Answer 1

To ensure each student pays only PHP 1250.00 per month for a PHP 5000.00 monthly rent, four students in total would need to share the apartment, meaning the original two students require two additional roommates.

Step-by-step explanation:

To determine how many students would need to share the rent of the apartment so that each person pays only PHP 1250.00 a month, we divide the total rent by the desired individual payment amount. The total monthly rent for the apartment is PHP 5000.00, and we want each student to pay PHP 1250.00.

To calculate the number of students needed, we use this formula: Number of Students = Total Rent / Individual Payment. Therefore, Number of Students = PHP 5000.00 / PHP 1250.00, which equals 4 students. That means the two original students need two more students to share the apartment with them to meet their budget requirement.