Math Question

J

JEFF

Hello All,

I know that I am charged 14.99 for every shipment I am sent. I also know
that a shipment can have either one or two units (a 14.99 charge either way).
If I know that 70% of my shipments are of two units, what is my per unit
shipping charge?

Thanks.
 
A

andy62

The answer is $8.82 (rounded up). Divide the $14.99 by 170%, which is the
30% PLUS the 70% PLUS another 70% that are free. To make it more concrete,
you can convert your percentages to a sample of 100 shipments, for which you
pay $1499 ($14.99 X 100) and in which 170 units are shipped. $1499/170 units
= $8.82/unit.
 
J

JEFF

thanks!

andy62 said:
The answer is $8.82 (rounded up). Divide the $14.99 by 170%, which is the
30% PLUS the 70% PLUS another 70% that are free. To make it more concrete,
you can convert your percentages to a sample of 100 shipments, for which you
pay $1499 ($14.99 X 100) and in which 170 units are shipped. $1499/170 units
= $8.82/unit.
Click to expand...
 
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