nikoloas has $240in the bank and bought 5 shirts for $y each. he has $184 left in the bank. write an equation that can be used to find the price of one shirt.

Price of 1 shirt = $ y, therefore price of 5 shirt = $5y.

And amount left in bank = $184

And total amount Nikolas have = $240

So we get,

5y+184 = 240

Subtracting 184 from both sides

5y = 56

Dividing both sides by 5

y = 11.20

So price of each shirt = $11.20