The cost to produce 10 key rings is £2.40The cost to produce 8 bangles is £2.40Key rings are sold in boxes of 200 for £60Bangles are sold in baxes of 400 for £140How much more profit is made on a box of bangles than on a box of key rings?
Q. The cost to produce 10 key rings is £2.40The cost to produce 8 bangles is £2.40Key rings are sold in boxes of 200 for £60Bangles are sold in baxes of 400 for £140How much more profit is made on a box of bangles than on a box of key rings?
Calculate cost per key ring: Calculate the cost per key ring.£2.40/10 key rings = £0.24 per key ring.
Calculate cost per bangle: Calculate the cost per bangle.£2.40 / 8 bangles = £0.30 per bangle.
Calculate total cost for 200 key rings: Calculate the total cost for 200 key rings.200 key rings ×£0.24=£48.
Calculate total cost for 400 bangles: Calculate the total cost for 400 bangles.400 bangles ×£0.30=£120.
Calculate profit for box of 200 key rings: Calculate the profit for a box of 200 key rings.£60−£48=£12.
Calculate profit for box of 400 bangles: Calculate the profit for a box of 400 bangles. £140−£120=£20.
Calculate difference in profit: Calculate the difference in profit between a box of bangles and a box of key rings.£20−£12=£8.
More problems from Solve system of equations: Complex word problems