A group of students sponsors a fundraiser to raise money for a field trip. The students raise $240 selling magazine subscriptions. After paying the magazine company 25% of the amount raised, the students need an additional $50 for their field trip
Part A: Write 75% as a fraction in lowest term
Part A2: Using the fraction from Part A, explain why it is reasonable to say that if the students did not have to pay 25% of the money raised to the magazine company, they would have had enough money for the field trip
Part B: Let m represent the amount of money the students required for their field trip. Write an equation that can be used to fin the value of m
Part B2: What is the total amount of money, in dollars, not including the 25% paid to the magazine company, that the students needed to raise for their field trip?