# Business World - Paper Pricing Notation

when you are buying something and you get a quote 2000 sheets of paper cost st 8.89/m what dose that mean

### Comments for Business World - Paper Pricing Notation

 Feb 20, 2012 Paper Pricing Notation by: Staff Question: when you are buying something and you get a quote 2000 sheets of paper cost st 8.89/m what dose that mean Answer: \$8.89/m means the cost of the paper is \$8.89 for every thousand sheets you purchase. Since you intend to purchase 2000 sheets, the total cost of your purchase is: (2000 sheets) * (\$8.89/1000 sheets) = (\$8.89) * (2000 sheets /1000 sheets) = (\$8.89) * (2000 / 1000) * (sheets / sheets) Note that the unit “sheets” in the numerator and “sheets” in the denominator cancel one another, just the same way two equal numbers will cancel one another. = (\$8.89) * (2) * (1) Total cost for 2,000 sheets = \$17.78 The reason the quote you were given is expressed as \$8.89/m (\$8.89 per thousand sheets) is to allow you to compare prices easily. Different paper manufacturers may put a different number of sheets in a package/box. Quoting you a price per box would make it hard to compare prices. I can think of the large chains in my area that are constantly lowering the cost of a box of paper so it appears to be a bargain purchase. However, when you convert the price per box to the price per thousand sheets, it is obvious the price is actually going up. Thanks for writing. Staff www.solving-math-problems.com

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