A cargo ship can carry containers weighing up to 50,000 tonnes. If it costs £1 million to rent out the entire space on this ship, how much will it cost if I want to rent out 3/5 of the entire space? How many tonnes of space do the firm have left to sell on?
3/5 * 1,000,000 = ?
(1-3/5) * 50,000 = ?
To find out the cost of renting 3/5 of the entire space on the ship, we first need to calculate the cost per unit of space.
The entire space on the ship costs £1 million for 50,000 tonnes, so the cost per tonne of space is:
£1 million ÷ 50,000 tonnes = £20 per tonne
Now, let's calculate the cost of renting 3/5 of the entire space:
(3/5) * £1 million = £600,000
Therefore, it would cost £600,000 to rent out 3/5 of the entire space on the ship.
To find out how much space is left to sell, we need to calculate the weight of 3/5 of the entire space.
3/5 of 50,000 tonnes:
(3/5) * 50,000 tonnes = 30,000 tonnes
Therefore, there are 30,000 tonnes of space left to sell on the cargo ship.