Results 1 to 3 of 3

Math Help - Uneven Security Deposit calculation

  1. #1
    Newbie
    Joined
    Jul 2014
    From
    williamsport
    Posts
    1

    Uneven Security Deposit calculation

    Hello, here is a real life scenario that my roommate and I are trying to determine.

    Roommate Z has been at apartment for 8 years and when lease was signed with
    new roommate C his (roommate Z's) security deposit was rolled over from
    previous lease by landlord.


    Roommate Z contributed $400 to security deposit.

    Roommate C contributed $500 to security deposit.

    Total Security deposit $900

    Objective: Make sure both roommates pay equal amounts of US Dollars for any damages taken out of security deposit.

    Roommate Z proposes that Roommate Z gets 44% of left over security deposit and Roommate C gets 56% of security deposit based on the percentage of the total $900 that was contributed.

    Roommate C proposes that Roommate C gets $100 off the top of what is returned in the security deposit since he contributed $100 more and then split the remaining amount giving half to roommate Z and half to roommate C.

    Which of the above methods ensures that both Roommate Z and Roommate C each pay the same amount toward what is taken out of the security deposits. Please explain your rationale in great detail as neither roommate is great at math. If there is a better way to achieve the above objective please propose that also. Thank you for your time.
    Last edited by Glennwood; July 29th 2014 at 07:53 PM.
    Follow Math Help Forum on Facebook and Google+

  2. #2
    MHF Contributor
    Joined
    Nov 2013
    From
    California
    Posts
    2,454
    Thanks
    944

    Re: Uneven Security Deposit calculation

    Quote Originally Posted by Glennwood View Post
    Hello, here is a real life scenario that my roommate and I are trying to determine.

    Roommate Z has been at apartment for 8 years and when lease was signed with
    new roommate C his (roommate Z's) security deposit was rolled over from
    previous lease by landlord.


    Roommate Z contributed \$400 to security deposit.

    Roommate C contributed \$500 to security deposit.

    Total Security deposit \$900

    Objective: Make sure both roommates pay equal amounts of US Dollars for any damages taken out of security deposit.

    Roommate Z proposes that Roommate Z gets 44% of left over security deposit and Roommate C gets 56% of security deposit based on the percentage of the total \$900 that was contributed.

    Roommate C proposes that Roommate C gets \$100 off the top of what is returned in the security deposit since he contributed $100 more and then split the remaining amount giving half to roommate Z and half to roommate C.

    Which of the above methods ensures that both Roommate Z and Roommate C each pay the same amount toward what is taken out of the security deposits. Please explain your rationale in great detail as neither roommate is great at math. If there is a better way to achieve the above objective please propose that also. Thank you for your time.
    reposted to correct \$ signs
    Follow Math Help Forum on Facebook and Google+

  3. #3
    MHF Contributor
    Joined
    Dec 2007
    From
    Ottawa, Canada
    Posts
    3,102
    Thanks
    68

    Re: Uneven Security Deposit calculation

    This is a silly problem/request; also posted at other sites...
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. Term deposit interest calculation.
    Posted in the Business Math Forum
    Replies: 6
    Last Post: May 20th 2014, 01:10 AM
  2. Completing the square with an uneven b
    Posted in the Algebra Forum
    Replies: 4
    Last Post: November 6th 2011, 03:54 AM
  3. Mortgages Deposit
    Posted in the Business Math Forum
    Replies: 4
    Last Post: November 14th 2010, 05:45 AM
  4. Deposit Multiplier
    Posted in the Business Math Forum
    Replies: 0
    Last Post: October 29th 2010, 02:35 PM
  5. An uneven coin
    Posted in the Math Puzzles Forum
    Replies: 1
    Last Post: September 16th 2009, 11:28 PM

Search Tags


/mathhelpforum @mathhelpforum