SOLUTION: if it cost $70 per person when 40 people charter the boat how many people charter if it cost $100 math problem
Algebra.Com
Question 966972:  if it cost $70 per person when 40 people charter the boat how many people charter if it cost $100 math problem 
Answer by Theo(13342)   (Show Source): You can put this solution on YOUR website!
 assuming the cost of the boat is the same, regardless of the number of people on the boat, and assuming the boat can hold at least 40 people, then the mathematics figures out as:
40 * 70 = 2800 for the boat.
at 2800 for the boat and 70 dollars per person, then 40 people will be required to cover the cost of the boat.
at 2800 for the boat and 100 dollars per person, then 28 people will be required to cover the cost of the boat.
you basically take the cost of the boat and divided it by the cost per person and that will tell you the number of people required to cover the cost of the boat.
 
RELATED QUESTIONS
Hi,
Here's one more "Algebra in Finance" GRE prep word problem I don't know how to... (answered by maali40)
A group can charter an aircraft at a fixed total cost. If 36 people charter the aircraft... (answered by htmentor)
Hi, another question from the GRE math test prep. 
A group can charter a particular... (answered by vleith)
A group can charter a particular aircraft at a fixed total cost. If 36 people charter the  (answered by ankor@dixie-net.com)
A group of students wishes to charter a bus to a educational trip. The bus company takes... (answered by kibauu)
A group can charter a particular aircraft at a fixed total cost.  If 36 people charter... (answered by stanbon)
A group can charter a particular aircraft at a fixed total cost. If 36 people charter the  (answered by alicealc)
 A group can charter a particular aircraft at a fixed total cost. If 36 people
charter... (answered by ptaylor)
I am having problems with this word problem:
A group can charter a particular aircraft... (answered by jim_thompson5910)