SOLUTION: We would like to share equally a sum of money between multiple people. If we give 20$ to each person there will be 40$ left over. If we give 25$ to each person there will be 75$ mi

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Question 1096295: We would like to share equally a sum of money between multiple people. If we give 20$ to each person there will be 40$ left over. If we give 25$ to each person there will be 75$ missing. How many people are there?
I don't understand this question in my homework and we are working on equations. Someone please help!
Thank you!

Answer by ikleyn(52794) About Me  (Show Source):
You can put this solution on YOUR website!
.
We would like to share equally a sum of money between multiple people. If we give 20$ to each person there will be 40$ left over.
If we give 25$ to each person there will be 75$ highlight%28cross%28missing%29%29 short off. How many people are there?
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Let N be the number of people, and let M be an amount of money (in dollars).

The condition says 


M = 20*N + 40    (1)   ("If we give 20$ to each person there will be 40$ left over.")



The condition also says


M = 25*N - 75    (2)  ("If we give 25$ to each person there will be 75$ short off.")



Left sides of equations (1) and (2) are the same.  Hence, their right sides are equal:

20*N + 40 = 25*N - 75.    (3)


It is your key/major equation. Solve it to find N:

40 + 75 = 25N - 20N  ====>  5N = 115 ====>  N = 115%2F5 = 23.


There were 23 people and  M = 20*N + 40 = 20*23 + 40 = 500 dollars.


Check.  23*20 = 460 dollars,  and 40 dollars left.

        23*25 = 575 dollars,  and 75 dollars short off.

Answer.  There were 23 people and  500 dollars.


Their wording was not perfect  (in my view),  so I edited it,  according to my common sense.


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