Question

You use a crowdfunding website to raise money. the website keeps 5% of each donation. Five of your friends each donate the same amount.e total funding you receive is $47.50. How much does each friend donate?

Answer 1

Answer:

Step 1:

Let x represent the amount of each friend donate

Website keeps = 5%

Total funding I receive = $ 47.50

4.75x = $47.50

Step 2:

4.75 = $47.50       - Write the equation

$\frac{4.75x}{4.75}$ = $\frac{47.50}{4.75}$            - Divide both sides of the equation by 4.75

The solution is x = 10

ANSWER: Each friend donates $10

hope this helps Have a good day.

Answer 2

Answer:

Each friend donates $10.

Step-by-step explanation:

If they keep 5% of all donations, 5% of $10 is $0.50 and you lose out on $2.50. With 5 friends, this equates to $10 per person.