Question

A City council approves a plan to renovate a sports arena. The cost of the renovation will be $229,682. This cost will be shared equally by the 41 schools that use the arena. How much will each school contribute?

a) $4,903.22
b) $5,597.12
c) $5,600.54
d) $5,601.95

Answer 1

Each of the 41 schools will need to contribute approximately $5,601.02 to equally share the cost of the sports arena renovation, which amounts to a total of $229,682.

Step-by-step explanation:

The question asks us to calculate how much each school will contribute to the renovation of a sports arena if the total cost is divided equally among 41 schools. To find the amount each school must pay, we divided the total cost of $229,682 by the number of schools. The calculation is as follows:

Total cost of renovation: $229,682
Number of schools sharing the cost: 41
Cost per school: $229,682 ÷ 41 schools = $5,601.02 (rounded to the nearest cent)

Therefore, each school will need to contribute approximately $5,601.02 to the renovation costs.