Question

Amy had $21 to spend on eight raffle tickets. After buying them she had $5 how much did each raffle ticket cost.

Answer 1

Each raffle ticket cost $2

Explanations:

If Amy had $21 to spend on eight raffle tickets with $5 as balance after buying the ticket, then the amount of money spent on all the tickets is given as:

`\begin{gathered} \text{Total money spent=\$21-\$5} \\ \text{Total money spent=\$16} \end{gathered}`

This shows that $16 was spent on eight raffle tickets

Get the cost of each ticket

`\text{Unit cost=}\frac{Totol\text{ money sp}ent}{\text{ Total number of tickets}}`

Substitute the given parameters:

`\begin{gathered} \text{Unit cost=}(16)/(8) \\ \text{Unit cost=\$2} \end{gathered}`

Therefore, each raffle ticket costs $2