Did you know?
Did you know that understanding basic math skills can help you make wise financial decisions? Let's solve a problem together to demonstrate this!
Kola took N5 to the market to do some shopping. He bought 2 and a half kg of meat at N1.50 per kg, 40k worth of melon, and N50 kobo worth of vegetables. Now, let's calculate how much money he had left.
Step 1: Calculate the cost of the meat.
2 and a half kg of meat equals 2.5 kg.
Cost per kg of meat is N1.50.
So, the total cost of meat = 2.5 kg x N1.50/kg = N3.75.
Step 2: Calculate the remaining money after buying meat.
Kola initially had N5, and the meat cost him N3.75.
Money left after buying meat = N5 - N3.75 = N1.25.
Step 3: Calculate the cost of melon and vegetables.
He bought melon worth 40k (N0.40) and vegetables worth 50 kobo (N0.50).
Step 4: Calculate the remaining money after buying melon and vegetables.
Money left after buying melon and vegetables = N1.25 - N0.40 - N0.50 = N0.35.
Therefore, after buying all the items, Kola had N0.35 left.
Remember, incorporating math skills, like addition and subtraction, can help you manage your finances more effectively!