Math Problem Statement
Hannah buys two gold necklaces. one £75.25, weight 0.2ounces. two £65.50, weight 3.9grams She sees an advert online offering to buy jewellery. We pay £18 per gram for gold. If Hannah sends both necklaces to CashForYou, will she make a profit? Show your working.
Use the conversion: 1 ounce = 28 grams (g)
Solution
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Math Problem Analysis
Mathematical Concepts
Unit Conversion
Basic Arithmetic
Profit Calculation
Formulas
Weight in grams = Weight in ounces * 28
Total price offered = Weight in grams * Price per gram
Profit = Total price offered - Total cost
Theorems
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Suitable Grade Level
Grades 6-8