Adrinkscompanyhassold74bottlesatapop-upstall.Attheendofthepop-upstall,arevenueof£124wasmade.Whatwasthesalepriceofthebottles?Giveyouranswerto2decimalplaces.
Question
Adrinkscompanyhassold74bottlesatapop-upstall.Attheendofthepop-upstall,arevenueof£124wasmade.Whatwasthesalepriceofthebottles?Giveyouranswerto2decimalplaces.
Solution
To find the sale price of the bottles, you need to divide the total revenue by the number of bottles sold.
Here are the steps:
- The total revenue is £124.
- The number of bottles sold is 74.
- Divide the total revenue by the number of bottles sold: £124 / 74 = £1.6756756756756757.
Rounding this to two decimal places gives a sale price of £1.68 per bottle.
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