To raise money, the Boy Scouts. 130 kg of taffy for $352.30. They saw the tabby and 350 g bags for $2.98 each. How much profit did they make? Round to the nearest cent. help?
Did the scouts BUY the taffy?
Did they they sell tabby?
Please proofread, show your work, and repost. Then I'll be able to help you.
To raise money, the Boy Scouts bought 130 kg of taffy for $352.30. They saw the tabby and 350 g bags for $2.98 each. How much profit did they make? Round to the nearest cent. help
O.k. I get the first part.
I don't understand the next sentence. Please clarify.
I'm sorry mis sue im sord of blind. I wear glasses let me clarify.
To raise money, the Boy Scouts bought 130 kg of taffy for $352.30. They sold the taffy in 350 g bags for $2.98 each. How much profit did they make? Round to the nearest cent.
Ahh! Thanks. Now it makes sense.
130 kg = 130,000 g
130,000 / 350 = 371 bags
371 * 2.98 = $1,105.58
1,105.58 - 352.30 = $________ profit
To calculate the profit made by selling taffy, we need to determine the total cost of the taffy and the total revenue generated from its sale.
First, let's find out how many 350 g bags of taffy can be made from 130 kg. Since 1 kg is equal to 1000 g, we can convert 130 kg to grams: 130 kg * 1000 g/kg = 130,000 g.
Next, we divide the total amount of taffy (130,000 g) by the weight of each 350 g bag to find out how many bags will be produced: 130,000 g / 350 g/bag ≈ 371.43 bags.
Now, let's calculate the cost of the taffy. The total cost can be found by multiplying the number of bags (371.43 bags) by the cost per bag ($2.98): 371.43 bags * $2.98/bag ≈ $1,106.23.
The revenue generated by selling the taffy can be calculated by multiplying the number of bags (371.43 bags) by the selling price per bag ($2.98): 371.43 bags * $2.98/bag ≈ $1,106.23.
To determine the profit, we subtract the cost from the revenue: $1,106.23 - $352.30 = $753.93.
Therefore, the profit made by selling the taffy is approximately $753.93.