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How much will you have to tell your boss that the package for each widget will cost?

0 votes

You are working out some estimates for your boss. You can come up with a very good package for your nice little wid­gets, but the packaging may be too expensive. The cost of the widget and the packaging is $1.10, and the widget is $1.00 more than the package.

How much will you have to tell your boss that the package for each widget will cost?

posted Apr 19, 2015 by Vikram Luthra

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2 Answers

+1 vote

package = $0.05, widget = $1.05

Widget is $ 1,- more than the packaging.
If packaging costs x $, then the widget costs 1+x $.
The total cost is then x + (1+x) = 1+2*x $.
The total cost is 1,10 $. x is then 0.05 $.

answer Apr 20, 2015 by Jcm
please explain your thought process
–1 vote

Total Cost $1.10 100%
Widget $1.00 91%
Packaging $0.10 9%

If the packaging were .03 for example then you add $1.00 total cost would be $1.03. So the only thing it can be is $.10 so that you arrive at $1.10 for total cost.

answer Aug 3, 2015 by Dave Flack
Your widget costs only 90 cents more than the package

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