Question

Philip has $2,000 and spends $23.75 on supplies. He divides the remaining amount equally among his 8 employees. How much does each employee receive?

Answer 1

Initial Amount = 2000
Amount spent = 23.75
=> Amount left = 2000-23.75 = 1976.25

No. of employees = 8
=> Amount each employee gets = Total/No.of employees
= 1976.25/8 = $247.03