Question

A smart phone manufacturer uses 10 ounces of gold circuitry to make 5,200 smart phones. If they made 7,800 smart phones last month and gold is valued at $1,300 per ounce, what is the value of gold used last month? A) $19,500 B) $20,500 C) $21,500 D) $22,500

Answer 1

Its 19,500

Explanation:

Answer 2

Option A. $19,500

Explanation:

A smart phone manufacturer uses 10 ounces of gold circuitry to make 5,200 smartphones.

We will solve this problem by unitary method.

In 5200 smartphones use of gold = 10 ounces

in 1 smartphone use of gold =
`(10)/(5200)` = 0.001923 ounces

In 7,800 smartphones, use of gold = 0.001923 × 7800 = 14.999 ounces rounded to 15 ounces of gold

Last month the value of 1 ounce gold is $1,300

The value of 15 ounces = 1,300 × 15 = $19,500

The value of gold used last month is $19,500.