Question

The art club is raising money for a new equipment. They need $842.36 to purchase new supplies and have received a $300.00 donation. The remaining amount will be equally divided among 4 different fundraisers throughout the summer. How much money will each fundraiser need to raise in order to purchase the new net and equipment?

Answer 1

Answer: Each fundraiser need to raise $ 135.59  in order to purchase the new net and equipment.

Step-by-step explanation:

Money required = $ 842.36

Donation amount = $ 300.00

Amount left to arrange  =  (Money required - Donation amount )

= $ (842.36- 300.00)

=  $ 542.36

Number of fundraisers = 4

Money required to arrange by each fundraiser = (Amount left to arrange) ÷4

= $ (542.36÷4)

= $ 135.59

Hence, each fundraiser need to raise $ 135.59  in order to purchase the new net and equipment.