The family regularly composts the collected waste. They get around 150 kg of compost each year, which they use in their garden. 1 kg of compost is often sold in the market at ₹24. By creating their own compost, how much money have they saved in a year?
Given: Compost produced = 150 kg Market price = ₹24 per kg
Formula: Savings = Quantity × Rate
Calculation: Savings = = (100 + 50) × 24 = + = 2400 + 1200 = 3600
Answer: The family saves ₹3,600 in a year.
Explanation
The chapter shows the calculation: Savings = 150 kg × ₹24 per kg = ₹3,600. Using the grid method: = (100 + 50) × 24 = 2400 + 1200 = 3600.
Solution Steps
Identify the quantity of compost (150 kg) and market price (₹24 per kg).
Apply the formula: Savings = Quantity × Rate.
Substitute values: Savings = .
Use the grid method: = (100 + 50) × 24.
Calculate: = 2400 and = 1200.
Add the partial products: 2400 + 1200 = 3600.
Conclude: The family saves ₹3,600 in a year.