The package

You are working out some estimates for your boss. You can come up with a very good package for your nice little widgets, but the packaging may be too expensive. The cost of the widget and the packaging is $1.10, and the widget is $1.00 more than the package. How much will you have to tell your boss that the package for each widget will cost?

Click here for the solution

The package will cost 5¢. If, as many people assume, the package cost 10¢ and the widget cost $1.00, then their total cost would be more than $1.10.

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