Saturday, April 9, 2016

Round 'em all...as fast as you can!

In our last tip, we reviewed a very specific example containing only numbers that were just a penny or two below the dollar, and it was very easy to round all numbers up to the nearest whole dollar.  It won't always be so easy, and you may need to combine a couple numbers, or possibly 3 or more numbers prior to rounding 'em up.

Let s look at another example, once again assisting Jim with his trip to the market, and helping him to decide if he has enough money to pay cash for the items in his cart.  He has $25 cash to purchase the following items: 1 box Yummy O's $3.49, 3lb bag of apples $2.59, 5 lb bag of potatoes $3.39, 1 pkg of celery $1.49, 3 boxes of cake mix $1.29 each, 3 cans of soup $1.69 each, 1/2 lb roasted turkey breast from the deli $4.99.
Time to round 'em up!  Does he have enough cash?
$3.49 + $2.59 + 3.39 + $1.49 + $1.29 + $1.29 + $1.29 + $1.69 + $1.69 + $1.69 = ?
Solution:
Step 1: $3.49 + $1.49 = $3.50 + $1.50 = $5.00 (when rounded up).
Step 2: $2.59 + $3.39 = $2.60 + $3.40 = $6.00 (when rounded up).
Step 3: $1.29 + $1.69 = $1.30 + $1.70 = $3.00 (when rounded up).  There are a total of 3 pairs of $1.29 + $1.69, so after the pair is rounded to $3.00, we must multiply x 3 to account for all 6 items.  Step 3 Total = $3.00 x 3 = $9.00.
Step 4: $4.99--round up to $5.00.
Step 5:  Add Steps 1 through 4.  $5 + $6 + $9 + $5 = $25.

Congratulations!  Once again, Jim has achieved a successful trip to the market!  👍🏼
Unfortunately for Jim, however, he doesn't have enough extra money to buy a candy bar to eat on the way home!  Maybe next time, Jim.  😩

What a practical tip once again today!  I know Jim appreciates this information as well!  Don't forget to use this tip each time you shop, and also remember to share this great advice with a friend!  😄





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