Step-by-step explanation:
each child gets a certain amount of items costing the specified price by item.
so, we need to multiply the number of children with the number of items with the price per item to get the total cost.
500×3×3.5 for pencils = 5,250
500×5×7.5 for notebooks = 18,750
500×1×21.75 for crayons = 10,875
500×2×9.26 for pad paper = 9,260
total 44,135
since we have only 1,200 available in the existing fund, we need a new one to cover the remaining
44,135 - 1,200 = 42,935
