You go to the wholesale club and buy a large bag of 12 smaller chip bags at $10.50. At your local store, the individual chip bags cost $0.99/bag. How much do you save per dozen bags by buying in bulk?
First, calculate the total cost of buying 12 individual chip bags at the local store:
12 bags * $0.99/bag = $11.88
Then, calculate the amount saved by buying the 12-pack at the wholesale club:
$11.88 - $10.50 = $1.38
Therefore, you save $1.38 per dozen bags by buying in bulk.