Question

A textile factory in the U.S. pays 475 workers a total of $12.75 million each year to produce 8.2 million pants. A Chinese factory employs 350 workers at a cost of $2.3 million to produce 4.3 million pants. How much does it cost the Chinese company to make a pair of pants?

Answer 1

Given:

The cost for producing 4.3 millions pants by a chinese company is $2.3 million.

Explanation:

4.3 millions pants are produced at the cost of $2.3 million. So cost of one pair of pants is obtained by divide $2.3 million by 4.3 million.

Determine the cost of one pair of pants.

$\begin{gathered} \frac{2.3}{4.3}\text{ dollar=}0.534\text{ dollar} \\ \approx0.5\text{ dollar} \end{gathered}$

So cost of a pair of pants for a chinese company is $0.5.

Answer: $0.5