Mr. Fred bought 5 kg of glutinous rice flour for $24. He sold the glutinous rice flour for $43.
- How much did he sell each kilogram of glutinous rice flour for?
- How much money did he make from each kilogram of glutinous rice flour?
(a)
Amount that Mr. Fred sold each kg of glutinous rice flour for
= 43 ÷ 5
= $8.60
(b)
Cost of 1 kg of flour
= 24 ÷ 5
= $4.80
Amount that Mr. Fred made from each kg of glutinous rice flour
= 8.60 - 4.80
= $3.80
Answer(s): (a) $8.60; (b) $3.80