Nick, Oliver, Jeremy and Tom paid a total of $252 for a present. Tom paid ¹₂ of what the rest paid. Nick paid 40% of what the rest paid. Oliver and Jeremy paid an equal amount of money. How much did Jeremy pay?

Nick	Oliver	Jeremy	Tom	Total
2x7			1x7	3x7
2x3	5x3			7x3
	1	1
6 u	4 u	4 u	7 u	21 u

40%= ⁴⁰₁₀₀= ²₅
Nick's share : Total share = 2 : 5

The total amount paid for the present is repeated.  Make the total amount the same.  LCM of 3 and 7 is 21.

Amount that Oliver, Jeremy and Tom paid = 15 u

Amount that Oliver and Jeremy paid
= 15 u - 7 u
= 8 u

The amount that Oliver and Jeremy each paid is the same.

Amount that Oliver and Jeremy each paid
= 8 u ÷ 2
= 4 u

Cost of the present = 21 u

21 u = 252

1 u = 252 ÷ 21 = 12

Amount that Jeremy paid
= 4 u
= 4 x 12
= $48

Answer(s): $48