Question
Paper pulp is sold on the basis that it contains 12% moisture; if the moisture exceeds this
value, the purchaser can deduct any charges for the excess moisture and also deduct for the
freight costs of the excess moisture. A shipment of pulp became wet and was received with
a moisture content of 22%. If the original price for the pulp was $40/ton of air-dry pulp and
if the freight is $1.00/100 lb shipped, what price should be paid per ton of pulp delivered?
value, the purchaser can deduct any charges for the excess moisture and also deduct for the
freight costs of the excess moisture. A shipment of pulp became wet and was received with
a moisture content of 22%. If the original price for the pulp was $40/ton of air-dry pulp and
if the freight is $1.00/100 lb shipped, what price should be paid per ton of pulp delivered?
Answers
DrBob222
Sounds like a math problem to me. The way I read it, there is an excess moisture content of 10% so the $40/ton is reduced by $4/ton to make it $36/ton. It cost $1.00/100 lb or $20.00/ton for shipping [$1.00 x (2000 lbs/100 lb)] and 10% of the $20.00 is $2.00/ton so 40-4-2 = $34.00/ton on the as received merchandise.
gingerific
The answer for this is 51.9 but I dont know how to get it