The formula to figure residual value follows: Residual Value = The percent of the cost you are able to recover from the sale of an item x The original cost of the item. For example, if you purchased a $1,000 item and you were able to recover 10% of its cost when you sold it the residual value is $100!!
A because it’s the right answer
The answer is 36
lmk if you need steps
That would be 40 divided by 5. So the price for one student ticket was $8.
