To find out how much each person will have left for popcorn and drinks after buying the boxes of raisins, we first need to calculate the total cost of the raisins.
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Each box of raisins costs $1.50.
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Since there are 5 people (you and 4 friends), the total cost for the boxes of raisins is: \[ 5 \text{ boxes} \times 1.50 = 7.50 \]
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Now, subtract the total cost of the raisins from your total budget of $25: \[ 25 - 7.50 = 17.50 \]
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This amount ($17.50) is what remains for popcorn and drinks. To find out how much each person can spend: \[ \frac{17.50}{5} = 3.50 \]
So, each person will have $3.50 remaining to spend on popcorn and drinks.