Question

Four cousins are flying to Toronto. The total price of all four tickets is $1,248.

In addition, the cab fare to the airport costs 3% of the total airfare costs. If each
person pays an equal portion of the total cost of tickets and taxi, how much will
that be?

Answer 1

3% = 0.03

The total airfare cost = $1,248

The total taxi cost = $1,248 * 0.03 = $37.44

The total cost of all expenditures = $1,248 + $37.44 = $1,285.44

If each cousin paid an equal portion, every cousin would need to pay:

$1,285.44 / 4 = $321.36