SOLUTION: Packets of washing powder can be bought individually for 2.35 each or in bulk at a rate of 50 packets for 100 dollars. Calculate the saving possible when bulk buying 200 packets. E

Algebra ->  Numeric Fractions Calculators, Lesson and Practice -> SOLUTION: Packets of washing powder can be bought individually for 2.35 each or in bulk at a rate of 50 packets for 100 dollars. Calculate the saving possible when bulk buying 200 packets. E      Log On


   

Question 317450: Packets of washing powder can be bought individually for 2.35 each or in bulk at a rate of 50 packets for 100 dollars. Calculate the saving possible when bulk buying 200 packets. Express this savings as a percentage of the individual cost of the 200 packets. Give your answer correct to 2 decimal places.
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
Individually: 200%2A2.35=470
Bulk:200%28100%2F50%29=400
Savings:470-400=70
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You could save $70 buying packets in bulk.
Percentage:%2870%2F470%29%28100%29=14.89=14.89%