We were given the following information:
- $30 for each bike rental
-$125 for coast of food and camp for each biker
-$700 for van rental
-$350 for income earned for each biker
-$125 for coast of food and camp for each biker
-$700 for van rental
-$350 for income earned for each biker
1. Expenses = (30 bike rental/person + 125 food/person) x 150 persons = $23,250
2. Van rental = $700, so, total Expenses = $23,250 + $700 = $23,950
3. cost per person = $23,950 ÷ 150 persons ≅ $160 per person
4. Income = $350/person
5. so, the net gain per person will be $350 - $160 ≅ $190