Question

Question:

Several students decide to share
the cost of a limousine for a school
event. The cost that each student
pays varies inversely with the
number of students sharing the
cost.
If eight students pay $50 each, find
the cost if 3 students back out of
the agreement.

Answer 1

If eight students pay $50 each, then the total cost is 8 x $50 = $400. If three students back out, then the remaining five students will have to pay a higher amount to cover the cost. The new cost per student is $400/5 = $80.