Question

In 2015, the average price of coal sold by a mine in the USA was $31.83 per ton.

This coal was then delivered to power stations. The power stations paid $42.59 per ton for this coal.

The difference in price was the delivery cost.

What percentage of the original price of the coal was this delivery cost?

Give your answer rounded to the nearest tenth.

Answer 1

the delivery cost represents 33.8% of the original price of the coal, rounded to the nearest tenth.

Explanation:

The delivery cost is the difference between the price paid by the power stations and the price sold by the mine, which is:

$42.59 - $31.83 = $10.76 per ton

To find the percentage of the original price of the coal that this delivery cost represents, we can divide the delivery cost by the original price of the coal and multiply by 100:

($10.76 / $31.83) x 100% = 33.8%