A farmer has 240 acres under cultivation at the cost of $188.99 per acre. If he averages a yield of 60 bushels per acre, what profit is expected if the price per bushel is $5.67?
$79,490.40
$14,400.00
$45,357.60
$36,290.40
Correct Answer : D
Cost of cultivating 240 acres
\(\frac{240\ acres\ast188.99}{1 acre}=45357.60\) which is money from yield of bushels
\(240\ acres\ast\frac{60 bushels}{1 acre}\ast\frac{5.67}{1 bushel}=81648.00\)
Profit = $(81648.00-45357.60) = $36290.40
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Related Questions
Correct Answer is A
Explanation
The proportion equation of the ratio 100:2=60:X is
\(\frac{100}{2}=\frac{60}{X}\)
Cross-multiply to find the value of X
\(100x\ =\ 120\)
Divide both sides by 100
\(\frac{100x}{100}=\frac{120}{100}\)
\(x\ =\ 1.2\)
The value of X is 1.2
Correct Answer is C
Explanation
First step is to find the least common divisor of the denominators 19, 25, 5 and 15, which is 1425
Next, multiply each fraction with 1425 as follows
\(\frac{4}{19}\)* 1425=300
\(\frac{4}{25}\)* 1425=228
\(\frac{3}{5}\)* 1425=855
\(\frac{3}{15}\)* 1425=285
From the calculations above, 855 is the largest number among the four computed numbers. Then, it follows that\(\frac{3}{5}\) is the largest number.
Correct Answer is C
Explanation
Divide the numerator by 5 as follows
Correct Answer is D
Explanation
\(\frac{9.6}{0.8}=12\)
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