Q. 2.102

Question

The price of 1lb of potatoes is 1.75. If all the potatoes sold today at the store bring in $1420, how many kilograms of potatoes did grocery shoppers buy? (2.6)

Step-by-Step Solution

Verified
Answer

The number of kilograms of potato purchased by the grocery shoppers is determined as 368 kg

1Introduction

The given is the price of the potatoes of 1 lb

The objective is to determine the number of kilograms of potatoes bought by the grocery shoppers

2Step 1

Given,

1 lb of potatoes cost -$ 1.75

Total profit from the sale of potatoes =$1420

Conversion factor 1lb=0.4536Kg

Total 'Kg' of onions sold out is

$1420×1 b×0.4536Kg1lb×$1.75

=368Kg (Rounding off three significant figures)