Wordy Real-Life Problems: Calculating Revenue and Profit

The video tutorial explains how to solve a problem involving the production and sale of candles. It covers unit conversion, calculating the number of candles made from a given amount of wax, and determining revenue from selling candles at different prices. The tutorial emphasizes the importance of methodical problem-solving and unit consistency.

What is the total amount of wax in grams that Bananas has for making candles?

• 6300 grams

• 630 grams

• 63000 grams

• 63 grams

How many candles can Bananas make with 6300 grams of wax if each candle requires 210 grams?

• 35 candles

• 30 candles

• 25 candles

• 20 candles

What fraction of the candles does Bananas sell at the original price?

• 1/5

• 2/5

• 3/5

• 4/5

How much revenue does Bananas generate from selling 2/5 of the candles at $13 each?

• $180

• $130

• $156

• $200

What is the new price per candle after a 20% reduction from $13?

• $11.00

• $12.00

• $10.40

• $9.80

How many candles are left to sell after selling 2/5 of them?

• 20 candles

• 12 candles

• 15 candles

• 18 candles

What is the total revenue from selling all the candles?

• $343.20

• $350.00

• $300.00

• $320.00