Three people each contributed x...

Question

Three people each contributed x dollars toward the purchase of a car. They then bought the car for y dollars, an amount less than the total number of dollars contributed. If the excess amount is to be refunded to the three people in equal amounts, each person should receive a refund of how many dollars?

GMAT Panda · Accepted Answer

3x - y/3 We translate "Three people each contributed x dollars" into an equation x + x + x = 3x We translate "excess amount" by subtracting the car's cost from the total contribution 3x - y We translate "refunded to the three people in equal amounts" as dividing the excess by 3 3x - y/3

Explanation	Calculations	Help
$We translate "Three people each contributed x dollars" into an equation$	$x + x + x = 3 x$
$We translate "excess amount" by subtracting the car's cost from the total contribution$	$3 x - y$
$We translate "refunded to the three people in equal amounts" as dividing the excess by 3$	$\frac{3 x - y}{3}$

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