A local cookie shop sold 78,360 cookies last year. The plates of cookie they sell for $10.45 and there are 12 cookies per plate. Which value best estimates the cookie shop's total earnings from selling cookies?

Question

7,000

7,000,000

700,000

70,000

Answer 1

To find the total earnings from selling cookies, we need to multiply the number of plates sold by the price per plate.

The number of plates sold is 78,360 cookies / 12 cookies per plate = 6,530 plates.

The price per plate is $10.45.

Therefore, the total earnings from selling cookies is 6,530 plates * $10.45 = $68,138.50.

Among the given options, the value that best estimates the cookie shop's total earnings from selling cookies is 70,000.