Six-way split of a bill plus 20 percent tip
Question
Six friends share a restaurant bill of $132.67 and add a tip. If they split the total evenly, how much does each person pay?
Short answer
About $26.53. The total with tip is dollars, and dividing by gives dollars each. A quick mental route: , then multiply by .
Adapted from Crack, Heard on the Street, Q1.61, p.20; question and answer rewritten by SelfMadeQuant.com.
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