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Have A Think On This. - Education - Nairaland

Nairaland ForumNairaland GeneralEducationHave A Think On This. (638 Views)

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Have A Think On This. by Nobody: 3:07pm On Jul 25, 2014
yesterday, Uche wanted to buy a bag of Thailand rice , the type Yaya bought for a certain amount 1 week ago . But on getting there , the price has increased by 0.59 , he had no option than to go home and come back the next day which is today , but because of the coming sallah the price has also increased by 0.67 compared with yesterday's price , now he is going home again and will definitely buy it tomorrow . Assume that the price tomorrow will not increase at all , but he wants to buy 5 yards of Ankara which is just 50% of the amount Yaya bought his Thailand rice , express in terms of the amount he took to market today (1) the amount yaya bought his own type of rice (2) the amount Uche will take to market tomorrow .
Re: Have A Think On This. by Nobody: 3:21pm On Jul 25, 2014
Olutola88, meryl4merit, UchihaMadara, Obinoscopy, CarlOzeki, Snowland,
Tinkybabe, hopelink1 ,, vengeance, kobonaire, McWhillion, hopelink1 . Attentions
needed. Contributions and corrections welcomed..
Re: Have A Think On This. by kobonaire(m): 4:00pm On Jul 25, 2014
Yaya bought yummy Thailand rice for Naira X /bag
Uche went 1 week later and rice was 1.59X/bag
And following day up again by 67% : 2.6553X
Ankara costs 50% this: 1.32765X

1: 2.6553 X

2: 3.98295 X

PS: I am assuming all increases are percentage values??

PS II: I like the way you quoted all our names in a separate post to avoid multiple quotes whenever one replies wink
Re: Have A Think On This. by McWhillion(m):
Let the,
Price of rice last week =x
Price of rice yesterday =y =1.59x
Price of rice today =z =1.59x*1.67=2.6553x
Price of Ankara =0.5x


Q1. Express x in terms of y.
x= y/1.59= 0.6289y.

Q2. Amt Uche will take to the market,
(exp. in terms of y)
Price of rice= 2.6553x = 2.6553*0.6289= 1.67y
Price of Ankara = 0.5x = 0.5*0.6289= 0.31445y

Total = 1.984y
(exp in terms of x)
1.984*1.59 =3.155x
Re: Have A Think On This. by kobonaire(m): 4:26pm On Jul 26, 2014
I made a mistake with my Ankara price interpretation, @McWhillion solution looks to correct...good job.
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