Auniversity is planning a seminar. it costs $3000 to reserve a room, hire an instructor, and bring in the equipment. assume it costs $25 per student for the administrators to provide the course materials. if we know that 20 people will attend, what price should be charged per person to break even?

The answer is "$175".

cost to reserve a room, hire an instructor, and bring in the equipment = $3000 
costs per student for the administrators to provide the course materials =$25
people who will attend = 20
first calculate the total cost = $3000 + ($25 x 20)
=$3000 +$500 = $3500
Now divide this by number of people attending = $3500/20 = $175