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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

You are the purchasing manager for Five Star Graphics, a company that uses specially treated photo paper. The yellow paper costs $ .07 1 5 per sheet, and the blue paper costs $ .05 3 8 per sheet. If you order 15,000 yellow sheets and 26,800 blue sheets, what is the total cost of the order?

To determine

To calculate: The total cost of order of 15,000 yellow sheets and 26,800 blue sheets. Where the yellow paper cost is $.0715 per sheet and the blue paper cost is $.0538 per sheet.

Explanation

Given information:

The yellow paper cost is $.0715 per sheet and the blue paper cost is $.0538 per sheet.

The purchasing manager ordered 15,000 yellow sheets and 26,800 blue sheets.

Formula used:

For Multiplying Decimals

Step 1: Disregard the decimal points in multiplication of numbers, if they were whole numbers.

Step 2: Count the number of decimal places in the two factors, the multiplier and the multiplicand.

Step 3: Insert the decimal point in the product, as the same places as the count from Step 1.

Step 4: Place zeros to the left of the product to provide the correct number of digits, if required.

Calculation:

Consider the given information that the yellow paper cost is $.0715 per sheet and the blue paper cost is $.0538 per sheet. The purchasing manager ordered 15,000 yellow sheets and 26,800 blue sheets.

Since, cost of one yellow sheet is $.0715.

Let, cost of total yellow sheets is c.

So,

c=15,000× cost of one yellow sheet

Substitute the value of one yellow sheet,

c=15,000×$

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