Mr. Oliver bought 5 kg of ragi flour for $12. He sold the ragi flour for $48.
- How much did he sell each kilogram of ragi flour for?
- How much money did he make from each kilogram of ragi flour?
(a)
Amount that Mr. Oliver sold each kg of ragi flour for
= 48 ÷ 5
= $9.60
(b)
Cost of 1 kg of flour
= 12 ÷ 5
= $2.40
Amount that Mr. Oliver made from each kg of ragi flour
= 9.60 - 2.40
= $7.20
Answer(s): (a) $9.60; (b) $7.20