SOLUTION: Four students about to purchase concert tickes for $18.50 for each ticket discover that they may purchase a block of 5 tickets for $80.00. How much would each of the 4 save if they

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Four students about to purchase concert tickes for $18.50 for each ticket discover that they may purchase a block of 5 tickets for $80.00. How much would each of the 4 save if they      Log On


   

Question 370636: Four students about to purchase concert tickes for $18.50 for each ticket discover that they may purchase a block of 5 tickets for $80.00. How much would each of the 4 save if they can get a fifth person to join them and the 5 people equally divide the price of the 5th-ticket block?
Please help me know what to do here.
Answer by robertb(5830) About Me  (Show Source):
You can put this solution on YOUR website!
18.50- 80/5 = 18.50 - 16 = 2.50 dollars.