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Title: | Mathematics at DEC |
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Moderator: | RUSURE::EDP |
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Created: | Mon Feb 03 1986 |
Last Modified: | Fri Jun 06 1997 |
Last Successful Update: | Fri Jun 06 1997 |
Number of topics: | 2083 |
Total number of notes: | 14613 |
698.0. "Rent division problem" by SEMI::NG () Tue May 05 1987 10:34
I'm not sure this is the place. It's kind of a trivial everyday
life problem:
I am living in a apartment with 3 other persons. The rent is $900/month.
However, one of the 4 persons just move in in the middle of last
month (4/13). The problem is calculating how much each of us should pay.
Let's call the fourth person D and the other A,B, & C.
Proposed method 1:
Persons A, B & C have lived in the house for the whole month,
i.e. 30 days, and person D has lived in the house for 18 days.
So person A, B & C each will pay:
30/(18+3*30) * 900 = 250
and person D will pay:
18/(18+3*30) * 900 = 150
Proposed method 2:
The rent is $900/month, i.e. $30/day.
In the first 12 days of the month, only person A, B & C lived in
the house. So, for the 12 days, each of A, B & C should pay
30/3 = $10 per day.
For the next 18 days, all 4 persons lived in the house; so each
of us should pay 30/4 = $7.50 per day.
Hence, person A, B & C each should pay:
10*12 + 7.50*18 = 255
and person D will pay:
7.50*18 = 135
What I don't understand is that these 2 methods look the same, (both
seem to be right,) but the results are different.
Could someone tell me what went wrong? Which one is right?
Maybe both are wrong.
Thanks.
david
T.R | Title | User | Personal Name | Date | Lines |
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698.1 | Take your pick. | TSG::BRADY | Bob Brady, TSG, LMO4-1/K4, 296-5396 | Tue May 05 1987 13:13 | 5 |
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Nothing wrong; method 1 prorates the rent per tenant-day, method 2 per day.
Since your landlord most likely rents by the month, not by the person-month,
method 2 seems the fairest pass-thru; also, the fourth sharer didn't impact
the crowding until s/he actually arrived, right?
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698.2 | | BEING::POSTPISCHIL | Always mount a scratch monkey. | Tue May 05 1987 17:59 | 7 |
| How would you solve this if the person lived there for eight months out
of twelve? You would not make them pay a portion of the four months
they were not there, would you? Each month they are there, divide up
the rent. So, each day they are there, divide up the rent.
-- edp
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