SOLUTION: A group can charter a particular aircraft at a fixed total cost. If 36 people charter the aircraft rather than 40 people, then the cost per person is greater by $12. What is the co
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: A group can charter a particular aircraft at a fixed total cost. If 36 people charter the aircraft rather than 40 people, then the cost per person is greater by $12. What is the co
Log On
Question 164170: A group can charter a particular aircraft at a fixed total cost. If 36 people charter the aircraft rather than 40 people, then the cost per person is greater by $12. What is the cost per person if 40 people charter the aircraft Answer by alicealc(293) (Show Source):
You can put this solution on YOUR website! Let:
the cost per person if 40 people charter = x
then the cost per person if 36 people charter = x + 12
because the total cost is fixed:
36*(x + 12) = 40*x
<=> 36x + 432 = 40x
<=> 432 = 40x - 36x
<=> 432 = 4x
<=> x = 432/4 = 108
so the cost per person if 40 people charter is $108
(