SOLUTION: Mr.liz divided $300 equally among his 5 children. His daughter Lisa used the money to buy 12 gifts that each cost the same amount. What was the price of each gift? Can you plz a

Question 1028515: Mr.liz divided $300 equally among his 5 children. His daughter Lisa used the money to buy 12 gifts that each cost the same amount. What was the price of each gift?
Can you plz answer this for me...
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!

Mr.liz divided $300 equally among his 5 children.
so each child gets = 60
His daughter Lisa used the money to buy 12 gifts that each cost the same amount.
So Lisa has $ 60
she buys 12 gifts for $60 costing the same
= 5

the price of each gift is $5

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