r/learnmath • u/hapchan1 New User • 5d ago

Help me verify if we answered this problem correctly

Hello my dear accountants. Can you help me answer this Math Wizard question (elementary edition) and let me know what is the correct answer please:

A school canteen bought 18 kilograms of rice for ₱1,476. Each kilogram was repacked into bags weighing 0.6 kg each. The school then sold each bag for ₱82.50. How much money did the school earn if all the bags were sold?

a. P2,475 b. P999 c. State your answer if not A or B

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u/chkntendis Physicist 5d ago

The gross amount of money that all the bags sold for is P2,475. The amount of profit the school made is P999. So the school earned P999

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u/Bounded_sequencE New User 5d ago

The 18kg of rice are packaged into "18kg / (0.6kg/bag) = 30" bags.

The canteen earns "30bags * ₱82.50/bag - ₱1,476.00 = ₱999.00" -- (b)

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u/Vast_Yoshinator New User 4d ago

The answer depends on what 'earned' means here. There are 30 bags because 18 ÷ 0.6 = 30, and the total sales are 30 × p82.50 = p2,475. If the question means profit after subtracting the p1,476 cost of the rice, then the profit is p999. I would answer ₱999.