Sharing Expenses Made Easy

Avery, Nora, and Oliver are living together and need to decide how to handle the costs of groceries, utilities, and rent. What is the term used to describe these types of expenses?

• Personal expenses

• Shared expenses

• Individual expenses

• Private expenses

If a group of 4 people shares a bill of $40 equally, how much does each person pay?

• $5

• $10

• $15

• $20

Avery and her friends went out for dinner and received a bill. What is the first step in calculating how much each person should pay when splitting the bill?

• Divide the total bill by the number of people

• Add a tip to the bill

• Subtract any discounts

• Multiply the bill by the number of people

If a dinner bill is $60 and 3 people are sharing it equally, how much does each person pay?

• $15

• $20

• $25

• $30

Liam borrowed some money from William to buy a book. What is the term for the money Liam gives back to William after borrowing it?

• Loan

• Debt

• Repayment

• Interest

Luna, Henry, and Maya went out for dinner and decided to share the cost equally. What is the process of dividing the bill among them called?

• Multiplying

• Splitting

• Adding

• Subtracting

Mason borrowed $25 from Oliver to buy a book. He paid back $10. How much does Mason still owe Oliver?

• $5

• $10

• $15

• $20

Zoe went to a restaurant and ordered a meal. What is the term for the total amount of money that Zoe needs to pay for her meal?

• Discount

• Bill

• Tip

• Refund

If a group of 5 people shares a bill of $100 equally, how much does each person pay?

• $15

• $20

• $25

• $30

Emma, Aiden, and Luna went out for dinner and the total bill was $75. If they split the bill equally, how much does each person pay?

• $20

• $25

• $30

• $35