An old metal worker has a side business making outdoor barbecue grills. He purchases scrap metal at 87/100 per hundred pounds, and makes out of it grills weighing 350 pounds each, which he sells at $255.42. How much profit does he gain on each 100 pounds of scrap metal?

Question

Mathematics

Cordell Summers

19 August, 05:58

An old metal worker has a side business making outdoor barbecue grills. He purchases scrap metal at 87/100 per hundred pounds, and makes out of it grills weighing 350 pounds each, which he sells at $255.42. How much profit does he gain on each 100 pounds of scrap metal?

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Answers (1)

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Alyssa Travis · Answer 1

im gona guess at 10$ A POUND

Step-by-step explanation:

Currently, the closest scrap yard to me pays $195 per ton, or per 2,000 pounds for ferrous metals. This breaks down to approximately $10 per 100 pounds of metal. The price that scrap yards pay fluctuates with worldwide supply and demand and can change daily.