Question

Philip has $2,000 and spends $23.75 on supplies. He divides the remaining amount equally among his 8 employees. How much does each employee receive?

A.
$247.03
B.
$250.00
C.
$252.96

Answer 1

The answer is A, 2,000 minus 23.75 is 1,976.25 and you divide that by 8 so it’s comes out to 247.03

Answer 2

A. $247.03

Explanation:

Initial amount of money = $2000

amoutn spent = $23.75

amount of money remaining = 2000 - 23.75 = 1976.25

number of employees that money should be divided among = 8 employees

amount of money that each employee receive

= 1975.25 ÷ 8

= $247.03