Question

Raymond purchased a package of ground beef at a cost of $1.98 per pound. If, for the same amount of money, Raymond could have purchased a piece of steak that weighed 40 percent less than the package of ground beef, what was the cost per pound of the steak?A. $4.95B. $4.20C. $3.60D. $3.30E. $3.10

Answer 1

So, the cost per pound of the steak is $3.3.

Explanation:

We know that Raymond purchased a package of ground beef at a cost of $1.98 per pound. For the same amount of money, Raymond could have purchased a piece of steak that weighed 40 percent less than the package of ground beef.

We conclude that 40% is less than one pound, is equal with 0.6 pound.

We have the following proportion:

`0.6:1.98=1:x\\\\0.6x=1.98\\\\x=(1.98)/(0.6)\\\\x=3.3\\`

So, the cost per pound of the steak is $3.3.