#Word Equation

22 messages · Page 1 of 1 (latest)

empty marsh
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The answer sheet says $24.66, I got $24.43, how is it done? Am I right?

A class takes in a funbdraising project. They buy 200 toys form a manufacturer who normally sells them for $12 each (GST included) but he provides them to the class less GST of 15%.

The class then package each toy fro an additional cost of $2.50 per toy. The class has further fixed costs of $215 for various things and can sell their toys without having to pay any tax.

If the class sold all their toys for a profit of $2131, how much did they sell each toy for?

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empty marsh
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this is from my maths teacher if that helps.

frigid shoal
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oh wait

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yea you do need the 15% discount thats not necesarily correct
say it was 10 dollars and you had gst of 20%
now its 5% gst so it costs 10.5
10.5
a 15% discount on 12 is 10.2

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probably me interpreting gst wrong

image.png
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gst in canada is a tax

empty marsh
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I live in nz and it is here too

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I just dont understand how I got it "wrong" but so close?

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maybe we used like different calculators idk

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ohhhhhhh

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i might know

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I did it in sperate equations insted of one, so my maths teachers one could be more accurate

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also I did x0.85 insted of /1.15

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,help

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empty marsh
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yeah anyway

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ig that could be it

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+close