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Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?
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Eight people are planning to share equally the cost of a rental car.if...
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Eight people are planning to share equally the cost of a rental car.if...
Problem Analysis:
Let's assume that the total cost of the rental car is C dollars. If there are eight people sharing the cost equally, each person's share would be C/8 dollars.
Scenario 1: Eight people sharing the cost equally
In this scenario, each person contributes C/8 dollars.
Scenario 2: Seven people sharing the cost equally
If one person withdraws from the arrangement, there will be only seven people left to share the entire cost of the car. In this case, each person's share would be C/7 dollars.
Calculating the difference:
To find out how much the share of each remaining person increased, we need to calculate the difference between the two scenarios.
Increase in share = (New share - Old share)
Increase in share = (C/7 - C/8)
Simplifying the expression:
To subtract fractions, we need to have a common denominator. In this case, we can use 56 as the common denominator.
New share = (8C/56) - (7C/56)
New share = (8C - 7C)/56
New share = C/56
Final Calculation:
So, the increase in share for each person would be C/56 dollars. But we need to find the increase as a fraction of the original share.
Increase as a fraction = (Increase in share) / (Old share)
Increase as a fraction = (C/56)/(C/8)
Increase as a fraction = (C/56) * (8/C)
Increase as a fraction = 8/56
Answer:
The increase in share for each person is 1/7. Therefore, the correct answer is option c) 1/7.
Let's assume that the total cost of the rental car is C dollars. If there are eight people sharing the cost equally, each person's share would be C/8 dollars.
Scenario 1: Eight people sharing the cost equally
In this scenario, each person contributes C/8 dollars.
Scenario 2: Seven people sharing the cost equally
If one person withdraws from the arrangement, there will be only seven people left to share the entire cost of the car. In this case, each person's share would be C/7 dollars.
Calculating the difference:
To find out how much the share of each remaining person increased, we need to calculate the difference between the two scenarios.
Increase in share = (New share - Old share)
Increase in share = (C/7 - C/8)
Simplifying the expression:
To subtract fractions, we need to have a common denominator. In this case, we can use 56 as the common denominator.
New share = (8C/56) - (7C/56)
New share = (8C - 7C)/56
New share = C/56
Final Calculation:
So, the increase in share for each person would be C/56 dollars. But we need to find the increase as a fraction of the original share.
Increase as a fraction = (Increase in share) / (Old share)
Increase as a fraction = (C/56)/(C/8)
Increase as a fraction = (C/56) * (8/C)
Increase as a fraction = 8/56
Answer:
The increase in share for each person is 1/7. Therefore, the correct answer is option c) 1/7.
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Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?
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Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?.
Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?.
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