Question

Jose bought 750 bags of peanuts for $375.00. He intends to sell each back for $0.15 more then he paid. How much should he charge each bag

Answer 1

He should charge $0.65

Explanation:

Answer 2

First let's find how much Jose bought each bag of peanuts for. Divide $375 by 750 bags of peanuts.

375/750 = 0.5

Each bag of peanuts was $0.50. Since Jose intends to sell each bag back for $0.15 more, add $0.50 and $0.15.

0.50 + 0.15 = 0.65

Jose will charge
`\boxed {\$0.65}` for each bag of peanuts.