Question

Peter has $\$50$ in his wallet. After buying $8$ magazines of equal amount, he has left up with $\$2$ in his wallet. Find the cost of each magazine?

• A. $\$8$
• B. $\$5$
• C. $\$6$

Answer 1

The correct option is C $\$6$

Total money Peter has $=\$50$
Number of magazines $=8$
Amount left after buying magazines $=\$2$

Total money Peter has = Cost of each magazine × Number of magazines + Amount left after buying magazines
$\Rightarrow 50=\text{Cost of each magazine}\times 8+2$
$\Rightarrow 50-2=\text{Cost of each magazine}\times 8$
$\Rightarrow 48=\text{Cost of each magazine}\times 8$
$\Rightarrow \text{Cost of each magazine}=\frac{48}{8}=\$6$