Since, in the absence of brackets, multiplication should be performed before addition, the formula as written will give the correct answer. It would be clearer to place brackets around the no of pupils x entry fee per pupil statement or to
turn the equation round so that this becomes the start of the calculation. Presumably, however, this was part of the reason for setting such an apparently easy question to a class of 13 year olds, to test whether they understood the reasons for what they were doing or just simply going through the motions.