
Sanjay S. answered 01/30/15
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So 25 students contributed $1.50 for the gift
So cost of gift is 25*1.50 = $37.50
Let x be number of students who forgot to bring money
Number of students who got money = (25-x)
Each paid $1.50 + 0.40 = $1.90 for gift
Total money paid = (25-x)*1.90
They received $0.50 change
So (25-x)*1.90 = 37.50 + 0.50
(25-x)*1.90 = 38
25-x = 20
x = 5
5 students forgot to bring money