Question

A company prices its tank-style water heaters at $1,505 per unit and its tankless water heaters at $2,990 per unit. Last week, the company sold 152 tank-style water heaters and 46 tankless water heaters. What is the closest estimate of the total sales revenue the company generated by selling both types of water heaters last week?

A.
$250,000
B.
$375,000
C.
$525,000
D.
$675,000

Answer 1

B. $375,000 but I could be wrong

Explanation:

We do:

1,505(152) = 228,760 (we are multiplying)

2,990 (46) = 137,540

We multiply 1,505 by 152 because 1,505 is the per tank-style water heater unit and we sold 152 of them.

We multiply 2,990 by 46 because 2,990 is the per tankless water heater unit and we sold 46 of them.

Now that we multiply, we add 228,760 and 137,540 together and get a total of $366,300

Since the question is asking for the closest estimate $366,300 is best option to option (B)