# Money Division Calculator

## Money Division Calculator

A money division calculator is a simple yet powerful calculator which helps you to divide the monetary dollars into equal parts.

Dividing a monetary value is used when someone would like to split the amount equally between a group of people. Many times while paying up the restaurant bill or a cab bill, this money division calculator is used.

## What is the Money Division?

Money division is a process by which we equally split the principal amount into equal amounts. The process of division of money is carried out the same way as in decimal numbers.

The process of division of money is performed as the ordinary division of numbers.

## How to Calculate Money Division?

To calculate the money division, the following formula is used:

Split Amount (M) = Amount (A) / No. of Ways to Split (X)

Example 1: Split a \$100 bill in 7 people.

Here, the initial Amount (A) = \$100

No. of Ways to Split (X) = 7

So, Split Amount (M) = Amount (A) / No. of Ways to Split (X) => 100 / 7 => \$14.29

Therefore, each person has to pay \$14.29.