Transcript Loss Leaders – Section 2.5: Multiplication of real Numbers

Loss Leaders – Section 2.5: Multiplication of real Numbers
To promote sales, a grocery store advertises bananas
for $.25 per pound. The store loses $.11 on each
pound of bananas it sells.
1.
Write a VERBAL model that you can use to find the
amount of money that the store loses depending on
the number of pounds of bananas it sells.
2.
Write an expression to convert the verbal model to
an mathematical model.
3.
The store sells 2956 pounds of bananas. How
much money does the store lose on banana sales?
4.
The store also advertises apple juice for $1.19 per
bottle, and loses $.08 per carton. Write a
mathematical model or expression to determine
how much they lose on apple juice depending on
how much is sold.
5.
How much will the store lose if they sell 3107
bottles?
6.
Can we combine these two models to determine
the total lose?
7.
Why would a store intentionally sell an item at a
loss (“loss leader”)?