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Tea bags of similar quality are sold in three different sized packs: Small Pack 80 tea bags for £2.10 Medium pack 150 tea bags for £3.55 Large pack 220 tea bags for £5.25 (a) Which pack is the best value for money? Show how you decide - OCR - GCSE Maths - Question 15 - 2018 - Paper 1

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Question 15

Tea-bags-of-similar-quality-are-sold-in-three-different-sized-packs:--Small-Pack-80-tea-bags-for-£2.10--Medium-pack-150-tea-bags-for-£3.55--Large-pack-220-tea-bags-for-£5.25--(a)-Which-pack-is-the-best-value-for-money?-Show-how-you-decide-OCR-GCSE Maths-Question 15-2018-Paper 1.png

Tea bags of similar quality are sold in three different sized packs: Small Pack 80 tea bags for £2.10 Medium pack 150 tea bags for £3.55 Large pack 220 tea bags f... show full transcript

Worked Solution & Example Answer:Tea bags of similar quality are sold in three different sized packs: Small Pack 80 tea bags for £2.10 Medium pack 150 tea bags for £3.55 Large pack 220 tea bags for £5.25 (a) Which pack is the best value for money? Show how you decide - OCR - GCSE Maths - Question 15 - 2018 - Paper 1

Step 1

a) Which pack is the best value for money? Show how you decide.

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Answer

To determine which pack is the best value for money, we need to calculate the cost per tea bag for each pack.

  1. Small Pack:

    • Price: £2.10 for 80 tea bags.
    • Cost per tea bag: ext{Cost per tea bag} = rac{£2.10}{80} = £0.02625
  2. Medium Pack:

    • Price: £3.55 for 150 tea bags.
    • Cost per tea bag: ext{Cost per tea bag} = rac{£3.55}{150} = £0.02367
  3. Large Pack:

    • Price: £5.25 for 220 tea bags.
    • Cost per tea bag: ext{Cost per tea bag} = rac{£5.25}{220} = £0.02386

Now summarizing the cost per tea bag:

  • Small Pack: £0.02625
  • Medium Pack: £0.02367
  • Large Pack: £0.02386

From the calculations, the Medium Pack at £0.02367 per tea bag offers the best value for money.

Step 2

b) Explain why someone may buy a pack which is not the best value for money.

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Answer

Someone may choose to buy a pack that is not the best value for money for several reasons:

  1. Convenience: A smaller pack may be more convenient for personal use or specific occasions, allowing for easier storage or transport.

  2. Preference: Individuals may have preferences for specific brands or pack sizes that don't align perfectly with value calculations.

  3. Bulk Buying: Some may not be able to afford a larger pack upfront, despite a lower cost per unit.

  4. Freshness: Buying smaller quantities can ensure that the tea remains fresh, catering to personal taste.

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