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
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 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.
Small Pack:
Price: £2.10 for 80 tea bags.
Cost per tea bag:
ext{Cost per tea bag} = rac{£2.10}{80} = £0.02625
Medium Pack:
Price: £3.55 for 150 tea bags.
Cost per tea bag:
ext{Cost per tea bag} = rac{£3.55}{150} = £0.02367
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:
Convenience: A smaller pack may be more convenient for personal use or specific occasions, allowing for easier storage or transport.
Preference: Individuals may have preferences for specific brands or pack sizes that don't align perfectly with value calculations.
Bulk Buying: Some may not be able to afford a larger pack upfront, despite a lower cost per unit.
Freshness: Buying smaller quantities can ensure that the tea remains fresh, catering to personal taste.