Let's define the next variable
x: the amount of money each student has to raise
If 1 student raises x dollars, then 15 students will raise 15x dollars.
They want to raise $284.20 and they have already raised $58.75, therefore they need:
$284.20 - $58.75 = $225.45
Combining this information, we get:
[tex]\begin{gathered} 15x=225.45 \\ \frac{15x}{15}=\frac{225.45}{15} \\ x=15.03 \end{gathered}[/tex]Each student has to raise $15.03