Question

Set up an algebraic equation that could represent the following situation:

Nkateko sells bananas at the low but fixed price of R3/kg. In order to ensure that she makes a reasonable profit, she adds a certain fixed amount of money to any quantity of bananas purchased. A customer who bought 4 kg of bananas was observed paying R14.

Answer 1

The profit for any purchased of bananas is R2.

Explanation:

Cost of 1 kg banana = R 3

Banana purchased = 4 kg

So, the cost of 4 kg bananas = 4 x 3 = R 12

Amount paid = R 14

Profit = R 14 - R 12 = R 2

So, the profit on any purchased of bananas is R 2.