Problema Solution
John puts in $164 into a project; Kevin puts in only $121. The completed project is sold in auction for $383. How does Kevin owes to John?
Answer provided by our tutors
We assume the idea behind this problem is that both John and Kevin contribute the same amount of money towards the project. Since the total project cost was $383, they should each then contribute:
$383/2 = $191.50
that means John would still be contributing an additional amount:
$191.50 - $164. = $27.50
so Kevin would need to contribute:
$191.50 - 121 = $70.50
under these assumptions, Kevin owes John an additional $70.50