Question

Ribbon is sold at $7 for 3 metres at the factory and $2.50 per metre at the store. How much money is saved when 15 metres of ribbon is bought at the factory rather than at the store?​

Answer 1

The cost of 15 meters of ribbon at the factory is:

15 meters / 3 meters per $7 = 5 times $7 = $35

The cost of 15 meters of ribbon at the store is:

15 meters x $2.50 per meter = $37.50

Therefore, the amount saved by buying 15 meters of ribbon at the factory rather than at the store is:

$37.50 - $35 = $2.50