group of winning ticket holders share equally in a $35 comma 000 comma 000 lottery. Before the money is divided, two more winning ticket holders are declared. As a result, each person's share is reduced by $2 comma 000 comma 000. How many people were in the original group of winners?

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12 March, 04:50

group of winning ticket holders share equally in a $35 comma 000 comma 000 lottery. Before the money is divided, two more winning ticket holders are declared. As a result, each person's share is reduced by $2 comma 000 comma 000. How many people were in the original group of winners?

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Answers (1)

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Snow · Answer 1

The answer is: The original group of lottery winners was made up of 5 people.

Explanation:

The total prize amount was $35,000,000 with each original winning ticket holder earning $7,000,000.

$35,000,000 / 5 = $7,000,000 for each winner

When 2 more winning ticket holders show up, the total prize has to be redivided to include them.

$35,000,000 / 7 = $5,000,000 for each winner