your high school diploma ffrom american academy landed you a job paying good money.you were wise and saved $150,000 to buy the compmany.the nuts are listed at .01 pernut.you say you are wise and you are buying 3 millionnuts.the owner give you a 50%discount.whats the price you will pay for thenuts after discount?
a).0005
b).005
c).05
d).5
The education, savings and number of nuts are extraneous (extra) information that is of no use. If the original price is .01 per nut, I assume that the answer is also "per nut." You can solve the problem in one of two ways.
50% = .5 = 1/2
You can either multiply the original cost per nut by .5 or 1/2 or divide it by 2.
I hope this helps. Thanks for asking.
so the answer is c?
To find the price you will pay for the nuts after the 50% discount, we can follow these steps:
Step 1: Calculate the original price per nut
Since the original price per nut is listed at $0.01, we start with:
Original price per nut = $0.01
Step 2: Calculate the discount amount
The owner is giving you a 50% discount. To calculate the discount amount, we multiply the original price per nut by 50% (or 0.5):
Discount amount = Original price per nut * 0.5
Step 3: Subtract the discount amount from the original price per nut
To find the price you will pay after the discount, subtract the discount amount from the original price per nut:
Price per nut after discount = Original price per nut - Discount amount
Step 4: Calculate the total price
Since you are buying 3 million nuts, we can calculate the total price by multiplying the price per nut after the discount by the quantity of nuts:
Total price = Price per nut after discount * 3,000,000
Let's plug in the values to find the answer:
Original price per nut = $0.01
Discount amount = $0.01 * 0.5 = $0.005
Price per nut after discount = $0.01 - $0.005 = $0.005
Total price = $0.005 * 3,000,000
Calculating the total price:
Total price = $15,000
So, after applying the 50% discount, the price you will pay for the nuts is $15,000.
Therefore, the correct option is b) $0.005.