A man bought 5 reams of duplicating paper, each of which are supposed to contain 480 sheets. The actual number of sheets in the packets were : 435, 420, 405...

Question 1 Report

A man bought 5 reams of duplicating paper, each of which are supposed to contain 480 sheets. The actual number of sheets in the packets were : 435, 420, 405, 415 and 440. 

(a) Calculate, correct to the nearest whole number, the percentage error for the packets of paper;

(b) If the agreed price for a full ream was N35.00, find, correct to the nearest naira, the amount by which the buyer was cheated.