Question

A group of 12 company employees wants to buy a $100 gift card for the boss's birthday. Six employees each contributed $7.75. How much money still has to be collected?

Answer 1

Note: 6 employees means half of the employees contributed $7.75 each.

6 x $7.75 = $46.50.

To find how much money remains to be collected, subtract $46.50 from $100.

So, $100 - $46.50 = $53.50 is the answer.