Brain Teasers
Profit Performances
Every spring the town of Vicinity holds an arts festival in which local groups perform and artists sell crafts. The festival organizers raise money by charging each performing group $50.00. This year, members of the high school gymnastics team gave a demonstration. They charged a $2.50 admission fee. The team owed $62.50 for repairs to its parallel bars. Profits were shared equally among the six team members.
If 113 people saw the demonstration, how much profit did each team member get? Was any money left over?
If 113 people saw the demonstration, how much profit did each team member get? Was any money left over?
Answer
Each gymnast got $28.33. There was $0.02 left over.The 113 audience members paid a total of $282.50 (113 x $2.50). After subtracting the $50 fee and the $62.50 repair cost, there was a profit of $170. Dividing 6 team members into $170 gave each team member $28.33 with $0.02 left over. They all decided to go bowling, except for Irena, who was saving up for a CD player.
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