You go to the wholesale club and buy a large bag of 12 smaller chip

bags at $10.50. At your local store, the individual chip bags
cost $0.99/bag. How much do you save per dozen bags
by buying in bulk?

1 answer

To determine how much you save per dozen bags by buying in bulk, you can calculate the total cost of buying individual bags and then compare it to the bulk price.

  1. Cost of buying individual bags:

    • Price per bag: $0.99
    • Number of bags in a dozen: 12
    • Total cost for a dozen bags at the local store: \[ 0.99 , \text{(price per bag)} \times 12 , \text{(number of bags)} = 11.88 \]
  2. Cost of buying in bulk:

    • Total cost for the bulk bag of 12 smaller bags: $10.50
  3. Calculate the savings:

    • Savings = Cost of individual bags - Cost of bulk bag \[ \text{Savings} = 11.88 - 10.50 = 1.38 \]

Thus, you save $1.38 per dozen bags by buying in bulk.