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?
2 answers
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.
The answer for this is 51.9 but I dont know how to get it
1 answer