Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Addition
Subtraction
Multiplication
Division
Percentages
Cost Calculation
Simple and Compound Interest
Formulas
Total cost = sum of individual costs
Change = amount paid - total cost
Cost for multiple purchases = unit cost × quantity
Interest formula: A = P(1 + r)^t
Theorems
Arithmetic Operations
Percentage Calculation
Simple and Compound Interest
Suitable Grade Level
Grade 5-7
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