Question

Two friends decide to rent an apartment and split the cost evenly. They each paid $575 towards the total move in cost of first and last month's rent and a security deposit. If the apartment cost $325 per month to rent, how much was the security deposit?
a.
$125
b.
$250
c.
$500
d.
$825

Answer 1

Total paid = 2 × $575 = $1150.
Two months' rent = 2 × $325 = $650.
Security deposit = $1150 − $650 = $500.

Answer: c. $500