Four students about to purchase concert tickets for $18.50 for each ticket discover that they may purchase a block of 5 tickets for $80.00. How much would each of the 4 save if they can get a fifth person to join them and the 5 the 5-ticket block?
people equally divide the price
Each of the 4 students would save $3.00 if they can get a fifth person to join them and purchase the 5-ticket block for $80.00.
Here's the breakdown:
- 5 tickets for $80.00 means each ticket is $16.00
- Each of the 4 students would have originally paid $18.50, so they save $18.50 - $16.00 = $2.00 per ticket
- Since there are 4 students, they would save $2.00 per ticket x 4 tickets = $8.00 total
Therefore, each of the 4 students would save $8.00 if they can get a fifth person to join them and purchase the 5-ticket block.