You had $21 to spend on three raffle tickets. After buying them you have $12. How much does each raffle ticket cost?
If we have $12 left, we spent:
Total Raffle Spend = Total Spend - LeftOver spend
Total Raffle Spend = $21 - $12
Total Raffle Spend = $9
Calculate the cost per raffle ticket:
Cost per raffle ticket = Total Raffle Spend / Cost Per raffle ticket
Cost per raffle ticket = $9/3
Cost per raffle ticket = $3
If we have $12 left, we spent:
Total Raffle Spend = Total Spend - LeftOver spend
Total Raffle Spend = $21 - $12
Total Raffle Spend = $9
Calculate the cost per raffle ticket:
Cost per raffle ticket = Total Raffle Spend / Cost Per raffle ticket
Cost per raffle ticket = $9/3
Cost per raffle ticket = $3