noemi1098 noemi1098
  • 24-03-2024
  • Mathematics
contestada

If 1 kg of silver metal costs $5000. Then determine the cost of 10 ounce of silver metal.

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jsimpson11000 jsimpson11000
  • 24-03-2024

Answer:

Step-by-step explanation:

Convert 1 kg to ounces = 35.274 oz  

Unit rate per ounce  * # ounces = cost

    $ 5000 / ( 35.274 oz)  * 10 oz = $ 1417.48

(note: this is regular ounces)

For TROY ounces  ( the usual method of weighing precious metals)

  1 KG = 32.1507 TROY ounces

5000 / 32.1507   x 10 = $ 1555.17    

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