Mr. Valen bought 5 kg of refined flour for $24. He sold the refined flour for $36.
- How much did he sell each kilogram of refined flour for?
- How much money did he make from each kilogram of refined flour?
(a)
Amount that Mr. Valen sold each kg of refined flour for
= 36 ÷ 5
= $7.20
(b)
Cost of 1 kg of flour
= 24 ÷ 5
= $4.80
Amount that Mr. Valen made from each kg of refined flour
= 7.20 - 4.80
= $2.40
Answer(s): (a) $7.20; (b) $2.40