Harvey is working on a weekly budget. He earns $459 per week. Harvey spends $200 per week on rent and utilities plus $85 per wee
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Given the 6 pound weight of the new seasoning having ingredients that cost $8, and $11, the amount she should charge for 1 ounce is $0.53125
<h3>Which method can be used to calculate the price of the new seasoning?</h3>The ingredients in the new seasoning are;
5 pounds of dried rose hips + 1 pounds of five-spice powder
Cost of the ingredients are;
1 pound of dried rose hips = $8
1 pound of five-spice powder = $11
The cost of combined spice, <em>C</em>, is therefore;
C = $8 × 5 + $11 × 1 = $51
The weight of the new combined seasoning = (5 + 1) pounds = 6 pounds
Cost of 1 pound of the new seasoning is therefore;
- 1 lb of the new seasoning = $8.5
- 1 lb = 16 ounces
Therefore;
- The amount she should charge for 1 ounce is $0.53125
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