Question

To raise money the youth club bought 90 kg of pecans for $297.90. They sold the pecans in 250 g bags for $1.90 each. How much profit did they make?

Answer 1

Profit = $6,922.1

Explanation:

Total weight of pecans = 950 kg

1 kg = 1000g

Total weight of pecans in gram = 950 *1000 g = 950,000 g

Note : we have calculated weight in gram as later in question weight of pecans in bag is given in gram so to make uniformity in unit of weight)

Given quantity one bag can store = 250 g

let there be x bag to store 950,000 g of pecan

weight of x bag = quantity one bag can store*x = 250x (this will be equal to total weight of pecan as given)

250 x= 950,000 g

=> x = 950000/250 = 950*4 = 3800

Thus, there are 3800 bags.

Selling price for 1 bag = $1.90

Selling price for 3800 bag = $1.90*3800 = $7,220

we know profit = selling price - cost price

given cost price of 950 kg pecan = $297.90

Profit = $7,220 - $297.90 = $6,922.1 (answer)