Asked by Ron
In this word problem, i really need help and advice on how to solve this. What should i be doing to answer this question?
Candy is being sold in two sizes. The original sizes uses a container of radius 2inces and will be sold for $4.99. A coworker suggests doubling the sizes to radius of 4inches and prices for the second size package. The cost of foil is $.015/inches squared. The cost of chocolate is $.02/inches squared. Cost of candy to fill the container is $.03/inches squared. All of the candy is sold to make atleast 50% profit
Explain if this is a good idea or not?
Thankyou!
Candy is being sold in two sizes. The original sizes uses a container of radius 2inces and will be sold for $4.99. A coworker suggests doubling the sizes to radius of 4inches and prices for the second size package. The cost of foil is $.015/inches squared. The cost of chocolate is $.02/inches squared. Cost of candy to fill the container is $.03/inches squared. All of the candy is sold to make atleast 50% profit
Explain if this is a good idea or not?
Thankyou!
Answers
Answered by
Reiny
lot of redundant information here.
The flaw is in the doubling of the radius and the price.
doubling the radius would increase the area by a factor of 4, so the price should be increased 4 times the original.
so, bad idea.
The flaw is in the doubling of the radius and the price.
doubling the radius would increase the area by a factor of 4, so the price should be increased 4 times the original.
so, bad idea.
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