What is the slope-intercept equation of the line below ?
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They made profit of by selling 190 kg of taffy in 400 g bags at rate of
each.
<u>Solution: </u>
Given that
To raise money, the Boy Scouts bought 190 kg of taffy for .
They sold the tafty in 400 g bags for
Need to calculate the profit the made.
Cost price of 190 kg of taffy =
As 1 kg = 1000 gram,
So 190 kg of taffy =
So cost price of 190000 gram of taffy =
Now let us calculate number of 400 grams bags which can be made from 190000 grams of taffy
Number of 400 grams bags =
Amount generated from 1 bag of 400 gram taffy = 3.28
So amount generated from 475 bags of taffy =
Selling price of 190000 grams of taffy = amount generated from 475 bags of taffy =
Hence they made profit of by selling 190 kg of taffy in 400 g bags at rate of