3 friends shared the cost of a gift equally. When calculating the amount each friend had to pay, a mistake was made. The cost of the gift was divided by 4 instead of 3. Each friend ended up paying $1.60 less than the correct amount. What should be the correct amount for each share?
|
3 friends |
4 friends |
Number |
3 |
4 |
Value |
1 u + 1.60 |
1 u |
Total value |
3 u + 4.80 |
4 u |
Total cost of the gift if it was paid by 3 friends
= 3(1 u + 1.60)
= 3 u + 4.80
Total cost of the gift if it was paid by 4 friends = 4 u
4 u = 3 u + 4.80
4 u - 3 u = 4.80
1 u = 4.80
Correct amount for each share
= 1 u + 1.60
= 4.80 + 1.60
= $6.40
Answer(s): $6.40