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sergey [27]
3 years ago
8

A craft club makes 95 identical paperweights to sell. They collect $230.85 from selling all of the paperweights. If the profit t

he club collects is two times as much as the cost to make each one, what does it cost the club to make each paperweight?
Mathematics
1 answer:
Liula [17]3 years ago
6 0

Answer: It costs $1.22 to make each paperweight.

Step-by-step explanation:

Given : Selling price of 95 identical paperweights = $230.85

Then, Selling price of 1 paperweight = (Selling price of 95 identical paperweights) ÷ 95

= $ (230.85 ÷ 95) = $ 2.43

Now, selling price of each paperweight = 2 x ( cost of each paperweight)

⇒ cost of each paperweight = (selling price of each paperweight ) ÷ 2

⇒ cost of each paperweight = $ 2.43 ÷ 2 = $ 1.215 ≈ $ 1.22

Hence, it costs $1.22 to make each paperweight.

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