Question

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!

Answer 1

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.