Question

Soup ordinarily priced at 2 cans for .33 cents may be purchased in lots of one dozen for 1.74, what is the savings per a can when it is purchased in this way

Answer 1

Answer:

Savings per can would be 0.02 cents when purchased in lots.

Step-by-step explanation:

Given:

Ordinary price of soup 2 cans = 0.33 cents.

When purchases in lots 12 cans = 1.74

We need to find the saving per can when purchased in Lots.

Solution:

Ordinary price of soup 2 cans = 0.33 cents.

1 can  = Cost of 1 can when purchased ordinary.

By Using Unitary method we get;

Cost of 1 can when purchased ordinary = $\frac{0.33}{2} = 0.165\ cents/can$

Now we will find the Cost of 1 can when purchased in lot.

12 cans = 1.74

1 can = Cost of 1 can when purchase in lot.

Again by using Unitary method we get;

Cost of 1 can when purchase in lot = $\frac{1.74}{12} = 0.145\ cents/can$

Savings = Cost of 1 can when purchase in lot - Cost of 1 can when purchased ordinary

Savings = $0.165-0.145=0.02\ cents/can$

Hence Savings per can would be 0.02 cents when purchased in lots.