Tara, Monica, and Raymond share the cost of renting an apartment. The total monthly cost is 1,120. Tara pays 1/4 of the total cost. Monica pays .375 of the total cost. Raymond pays the rest. How much does Raymond pay?

Question

(Step by step)

Answer 1

To find out how much Raymond pays, we need to first calculate the amounts that Tara and Monica pay.

1. Tara pays 1/4 of the total cost:
Total cost: $1,120
Tara's share: 1/4 * $1,120 = $<<1120*1/4=280>>280

2. Monica pays .375 of the total cost:
Total cost: $1,120
Monica's share: .375 * $1,120 = $<<1120*0.375=420>>420

Now, we can calculate how much Raymond pays by subtracting Tara and Monica's shares from the total cost:

Total cost: $1,120
Tara's share: $280
Monica's share: $420

Raymond's share = Total cost - Tara's share - Monica's share
Raymond's share = $1,120 - $280 - $420
Raymond's share = $1,120 - $700
Raymond's share = $<<1120-700=420>>420

Therefore, Raymond pays $420.