Question
You have $25 to spend on snacks for movie night with 4 of your friends. If individual boxes of raisins are $1.50 and all 5 of you want to buy your own box, find the amount of money that remains per person for popcorn and a drink
To calculate the amount of money that remains per person, we first need to find the total cost of the raisin boxes.
Each box of raisins costs $1.50 and there are 5 people buying their own box, so the total cost of the raisins is 1.5 * 5 = $7.50.
We started with $25 and spent $7.50 on raisins, so the remaining amount for popcorn and a drink is 25 - 7.50 = $<<25-7.5=17.50>>17.50.
To find the amount of money that remains per person, we divide the remaining amount by the number of people (excluding yourself since you already bought the raisin box).
There are 4 friends, so the remaining amount per person is 17.50 / 4 = $<<17.5/4=4.375>>4.375.
Therefore, there is approximately $4.38 remaining per person for popcorn and a drink.