Jeremy bought some pencils at $6 each. He later sold them to his customers at $8 each. For customers who bought two pencils were given another pencil for free. The customers bought either one or two pencils. Jeremy gave away 110 free pencils and collected a total of $560 more than what he had paid for. How many customers bought just one pencil each?
| |
Pencils
sold |
Pencils given to customers who got 1 pencil each |
Pencils given to customers who got 3 pencils each |
| Number |
1 u |
1 u - 330 |
330 |
| Value |
$6 |
$8 |
$8 |
| Total Value |
6 u |
8 u - $2640 |
$1760 |
Since 110 pencils were given free, there were 110 customers who bought two pencils each.
Number of pencils that each customer would get if they bought two pencils each and got 1 pencil free
= 2 + 1
= 3
Total number of pencils for customers who each bought two pencils
= 3 x 110
= 330
Number of pencils for customers who each bought 1 pencil = 1 u - 330
Total amount collected from customers who bought 1 pencil each
= 8 x (1 u - 330)
= 8 u - 2640
Total amount collected from customers who bought two pencils each
= 110 x 2 x 8
= $1760
Total amount collected from all the customers
= 8 u - 2640 + 1760
= 8 u - 880
Jeremy collected a total of $560 more than what he had paid for.
8 u - 880 = 6 u + 560
8 u - 6 u = 560 + 880
2 u = 1440
1 u = 1440 ÷ 2 = 720
Number of customers who bought just one pencil
= 1 u - 330
= 720 - 330
= 390
Answer(s): 390
