Fund raising

A number of persons decided to raise 3 millions euros by equal contributions from each. Had they contributed 50 euros each extra, the contribution would have been 3.25 millions euros . How many persons are there?

Correct answer:

n =  5000

Step-by-step explanation:

3000000 = n a 3250000 = n (a+50) = na + 50n  32500003000000=50n  32500003000000=50 n  50n=250000  n=50250000=5000  n=5000   Verifying Solution:   a=3000000/n=3000000/5000=600



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