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A businessman buys beans directly from farmers in 90kg bags at Kshs.2,000 per bag and spends Kshs.100 per bag on transport and other overhead costs....

A businessman buys beans directly from farmers in 90kg bags at Kshs.2,000 per bag and spends Kshs.100 per bag on transport and other overhead costs. He sells the beans in tins at Kshs.60 making a profit of Kshs.500 per bag.
a) How many tins are there in a bag?
b) In a given season, he sold 1,000 bags. How much did he get?
c) The farmer has two options of selling his beans.
i) To the food processing company at Kshs.2,000 per bag and sells 50 bags.
ii) To retailers at Kshs.60 per tin and sells 30 bags.
Which option would earn her more profit and by how much.

Answers

sharon kalunda answered the question on August 16, 2019 at 13:44

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