Question

At Bulk Store, toilet paper comes in packs of 72 rolls and costs $14.75. What would be a good price for another store that sells toilet paper in packs of 6 rolls so that it can compete with Bulk Store? (Round your answer to the nearest cent.)

Answer 1

Less than or equal to $1.20.

Explanation:

At Bulk Store, 72 rolls cost $14.75. 14.75 / 72 = 0.204861111. That means that one roll of toilet paper costs about $0.20. If another store wants to compete with Bulk store, it would want to sell one roll of toilet paper for less than or equal to $0.20.

0.20 * 6 = 1.2.

So, a pack of 6 rolls should cost less than or equal to $1.20.

Hope this helps!

Answer 2

$1.23

Explanation:

To find how much they should charge, you have to find how much toilet paper they are selling compared to the bulk store. They are selling 6/72 or 1/12 of the rolls, meaning they should charge 1/12 the amount. To find this, simply divide 14.75 by 12, which is ~1.23$.