Question

Four colleagues each contributed dollars toward the purchase of a sculpture. They then bought the sculpture for dollars, an amount less than the total number of dollars contributed. If the excess amount is to be refunded to the four colleagues in equal amounts, each person should receive a refund of how many dollars?
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Answer Choices

  • A.
  • B.
  • C.
  • D.
  • E.

Steps

ExplanationCalculationsHelp
We translate "Four colleagues each contributed p dollars" into a sum of p terms.
Theory & Tactics Method Card
CALC1-A
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We calculate the "excess amount" by subtracting the sculpture cost from the total contribution.
We interpret "refunded to the four colleagues in equal amounts" as dividing the excess by 4.
Theory & Tactics Method Card
FDPR0-E
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Final Answer

A