Question

A contractor purchases 5 dozen pairs of padded work gloves for 71.40 he incorrectly calculates the unit price as 14.28 per Pair for the expense report . What is the correct unit price ? What is the error?

Answer 1

0%

Explanation:

Step one:

given data

A contractor purchases 5 dozen pairs of padded work gloves for $71.40

the unit price will be

total number of gloves

5 pairs

unit cost per glove

=71.40/5

=$14.28 per glove

The estimated cost per pair is

$14.28 per pair

The error is

%Error= real price -estimated /estimated*100

%Error= 14.28-14.28/14.28*100

%Error= 0.0*100

%Error= 0%