Ayoga studio offered a special for high school students where new students could join for half off of the monthly fee (includes 6 classes), plus a one time processing fee of $8.25. ten students took advantage of this special and the yoga studio collected $392.50. which equation can be used to find r, the regular price of the monthly fee?

Given:

To Find:

The regular price of the monthly fee 'r'

Solution:

The equation can be framed as

And, the regular price of the monthly fee is $62.

Calculation:

We know that 10 students took the offer and the yoga studio collected $392.50. This means, using the Unitary Method, the studio has collected $(392.50/10) = $39.25 per student.

Now, if r denotes the regular price of the monthly fee, the offer runs a 50% discount on r.

So, the discounted price should be $(r - 50% of r) i.e.,

We must add to this the one time processing fee of $8.25

Therefore, the total price paid by one student would be

This must be equal to $39.25 as we have calculated this to be the amount collected by the yoga studio per person.

So, the equation can be framed as

Thus, the regular price of the monthly fee is $62.