Answer :
To solve this problem, we want to determine the total cost for 250 prizes given that 5 prizes are priced at 80 cents.
Let's break it down step by step:
1. Find the cost of one prize:
- We know that 5 prizes cost 80 cents. To find the cost of one prize, we divide the total cost of the 5 prizes by 5.
- So, cost of one prize = 80 cents / 5 = 16 cents
2. Calculate the total cost for 250 prizes:
- Now, we need to calculate how much 250 prizes would cost.
- If one prize costs 16 cents, then 250 prizes will cost 250 times the cost of one prize.
- Total cost for 250 prizes = 250 x 16 cents = 4000 cents
3. Convert the cost from cents to dollars:
- There are 100 cents in a dollar. So, to convert 4000 cents to dollars, we divide by 100.
- Total cost in dollars = 4000 cents / 100 = [tex]$40.00
Thus, the total cost for 250 prizes is $[/tex]40.00. The correct answer is (3) $40.00.
Let's break it down step by step:
1. Find the cost of one prize:
- We know that 5 prizes cost 80 cents. To find the cost of one prize, we divide the total cost of the 5 prizes by 5.
- So, cost of one prize = 80 cents / 5 = 16 cents
2. Calculate the total cost for 250 prizes:
- Now, we need to calculate how much 250 prizes would cost.
- If one prize costs 16 cents, then 250 prizes will cost 250 times the cost of one prize.
- Total cost for 250 prizes = 250 x 16 cents = 4000 cents
3. Convert the cost from cents to dollars:
- There are 100 cents in a dollar. So, to convert 4000 cents to dollars, we divide by 100.
- Total cost in dollars = 4000 cents / 100 = [tex]$40.00
Thus, the total cost for 250 prizes is $[/tex]40.00. The correct answer is (3) $40.00.
