Question

You use a crowdfunding website to raise money. The website keeps 5% of each donation. Five of your friends each donate the same amount. The total funding you receive is $47.50. How much does each friend donate?

Answer 1

I think it's $59.37

because there are five friends and there is 5% taken away form what they really payed so you would do,

5*5=25 as a percentage it would be .25/25%

so..25%+$47.50=59.37500