The local school is holding a big fair to raise money for 5 classes that want to go on a trip. 150 people came to the party and paid a total of $368 for entrance tickets. There was a raffle which brought in $343. The sale of cakes and drinks brought $279. At the end of the fair, the principal of the school shared the money raised between the 5 classes. How much money did each class receive? Give me reasons, before answering the question
First, let's calculate the total amount of money collected, which is 368 + 343 + 279 = $990. Let us now share this sum between the 5 classes: 990 / 5 = $198. So the final answer is 198.