15 students preordered the year book and 9 students paid full price.
<u>Solution:
</u>
Given that
Cost of pre-ordered year book =
each
Cost of full price of year book =
each
Number of students in Mr. Hillman's class purchased yearbooks = 24
Total price spent by 24 students to purchase year book = 
Need to determine number of students pre-ordered and number of students paid full price.
Let assume number of student pre-ordered year book = x
As out of 24, x students pre-ordered the yearbook , so remaining are the ones who paid full price
So number of students paid full price = 
Money spent by students who pre-ordered the book = number of student pre-ordered year book multiplied by Cost of 1 pre-ordered year book = 
Money spent by students who paid full price = number of students paid full price x Cost of 1 full price year book =
Total price spent by 24 students to purchase year book = Money spent by students who pre-ordered the book + Money spent by students who paid full price

On solving above expression for x, we get

Number of student pre-ordered year book = 
Number of students paid full price = 
Hence 15 students pre-ordered the year book and 9 students paid full price.