Question

The number of tons of wheat the government can afford to buy if it spends total of $100 million, wheat costs $300 per ton, and it must buy 5 fighter planes at $15 million each.

Answer 1

Total amount, T = $100 million.

Cost of wheat per ton, C = $300 .

Price per fighter plane, c = $15 million.

Now,

Price of 5 fighter planes, P = $( 15 × 5 ) = $75 million.

Amount left = $( 100 - 75 ) = $25 million.

So,

Number of tons of wheat government can buy is :

`n=(25* 1000000)/(300)\\\\n = 83333.33\ tons`

Therefore, number of tons of wheat the government can afford is 83333.33 tons.

Hence, this is the required solution.