Miguel and three of his friends went to the movies. They originally had a total of $40. Each boy had the same amount of money and spend $7.50 on a ticket. How much money did each boy have left after buying his ticket?
[tex]\text{Find how much left over money they each have:}\\\\\text{We know that all 4 of them have a TOTAL of \$40}\\\\\text{This means that they each had \$10}\\\\\text{Since they bought themselves a movie ticket, you would subtract}\\\text{the cost of a movie ticket to the money they have. The movie ticket}\\\text{costs \$7.50}\\\\10-7.50=2.50\\\\\text{This means that each boy had \$2.50 left}\\\\\boxed{\$2.50}[/tex]
