Story problem that needs solving

Question

Mr. Tan paid $2 for each package of 12 granola bars. He sold each granola bar for $0.50. In a week, he sold a total of 4385 granola bars. What is the least number of packages of granola bars? How much did he pay for this number of packages of granola bars? How much money did he make after he sold 4385 granola bar

Answer 1

What is the least number of packages of granola bars? 365

 

4385 bars/ 12 in each package = 365.4166 or 365

 

How much did he pay for this number (365) of packages of granola bars? $730.00

 

365 packages x $2.00 = 730.00

 

How much money did he make after he sold 4385 granola bars? $2192.50

 

4385 bars x $0.50 each bar = $2192.50

 

$2192.50 - $730.00 = $1462.50 profit

 

 

 

 

Answer 2

4385 granola bars = 4385/12 = 365.4 packages this means Mr tan would have to buy at least 366 packages

 

Money spend by Mr. T = 366 x 2 = $ 732

 

Money recieved by Mr. .T = 4385 x $0.50 = $2192.5

 

Profit = 2192.5 - 732 = $1460.50

:)