Esme's Total Sales Calculation Step-by-Step Solution
In this article, we will delve into a practical math problem involving calculating total sales. We will break down the problem step-by-step, making it easy to understand and apply to similar situations. This problem involves Esme, who has made sales of various denominations of currency notes, specifically twenty cedi notes, ten cedi notes, and two cedi notes. Our goal is to determine the total value of her sales. This is a fundamental concept in basic arithmetic and is widely used in everyday financial transactions. Understanding how to calculate total sales is crucial for business owners, salespeople, and anyone who handles money regularly. Let's dive into the details of this problem and learn how to find the solution.
Breaking Down the Problem: Esme's Sales
To solve this problem effectively, we need to break it down into smaller, manageable parts. The core task involves calculating the total value of each type of currency note Esme sold and then summing those values together. This approach is crucial for ensuring accuracy and clarity in our calculations. First, we need to consider the quantity and value of each type of note. Esme sold 15 twenty cedi notes, 11 ten cedi notes, and 15 two cedi notes. To find the total value for each type, we will multiply the number of notes sold by the value of each note. For example, to find the total value of the twenty cedi notes, we will multiply 15 by 20. Similarly, we will multiply 11 by 10 for the ten cedi notes and 15 by 2 for the two cedi notes. This breakdown allows us to tackle the problem in a systematic way, reducing the chances of making errors. By understanding each step, you can apply this method to various similar problems involving calculating total values.
Calculating the Value of Twenty Cedi Notes
The first step in finding Esme's total sales is to calculate the value of the twenty cedi notes she sold. Esme sold 15 twenty cedi notes. To find the total value, we multiply the number of notes by the value of each note. In this case, we multiply 15 by 20. This calculation is straightforward but crucial for the overall solution. Performing this multiplication, we get: 15 * 20 = 300 cedis. So, the total value of the twenty cedi notes is 300 cedis. This represents a significant portion of Esme's sales and highlights the importance of this denomination in her transactions. This step demonstrates a basic multiplication principle applied to a real-world scenario, which is a fundamental skill in financial mathematics. By breaking down the calculation in this manner, we can clearly see how each part contributes to the final total.
Determining the Value of Ten Cedi Notes
Next, we need to calculate the total value of the ten cedi notes Esme sold. Esme sold 11 ten cedi notes. To find the total value, we again multiply the number of notes by the value of each note. So, we multiply 11 by 10. This calculation is similar to the previous one but involves different numbers, reinforcing the basic multiplication principle. The calculation is as follows: 11 * 10 = 110 cedis. Therefore, the total value of the ten cedi notes is 110 cedis. This value contributes a substantial amount to Esme's total sales, and it's important to calculate it accurately. Understanding this step helps in appreciating how different denominations of currency contribute to the overall sales figure. This simple multiplication showcases how basic arithmetic operations are essential in everyday financial calculations.
Calculating the Value of Two Cedi Notes
Finally, we calculate the total value of the two cedi notes Esme sold. Esme sold 15 two cedi notes. To find the total value, we multiply the number of notes by the value of each note. Thus, we multiply 15 by 2. This calculation is a simple multiplication but is crucial for completing our analysis of Esme's sales. Performing the multiplication, we get: 15 * 2 = 30 cedis. So, the total value of the two cedi notes is 30 cedis. While this is a smaller amount compared to the other denominations, it still contributes to Esme's total sales and needs to be included in our final calculation. This step emphasizes the importance of considering all components, regardless of their individual value, to arrive at an accurate total.
Summing the Values: Finding Esme's Total Sales
Now that we have calculated the total value for each type of currency note, we can find Esme's total sales by adding these values together. We have calculated that the total value of the twenty cedi notes is 300 cedis, the total value of the ten cedi notes is 110 cedis, and the total value of the two cedi notes is 30 cedis. To find the total sales, we add these three amounts together: 300 + 110 + 30. This addition will give us the final figure for Esme's total sales. This step is critical as it consolidates all the previous calculations into a single, meaningful result. The addition process is straightforward but must be done accurately to reflect the correct total sales value. By summing the individual values, we gain a comprehensive understanding of Esme's financial performance.
Performing the Addition: The Final Calculation
To complete our calculation and find Esme's total sales, we perform the addition: 300 cedis (from twenty cedi notes) + 110 cedis (from ten cedi notes) + 30 cedis (from two cedi notes). Adding these values together, we get: 300 + 110 + 30 = 440 cedis. Therefore, Esme's total sales amount to 440 cedis. This final figure represents the culmination of all our calculations and provides a clear answer to the problem. This calculation demonstrates the practical application of addition in a financial context. Understanding how to sum different values is essential for anyone dealing with money, whether in a business setting or in personal finance. The result of 440 cedis gives us a complete picture of Esme's sales performance.
Conclusion: Esme's Total Sales Calculated
In conclusion, we have successfully calculated Esme's total sales by breaking down the problem into smaller, manageable steps. We first determined the value of each type of currency note sold: 300 cedis from the twenty cedi notes, 110 cedis from the ten cedi notes, and 30 cedis from the two cedi notes. We then summed these values together to find the total sales. The final calculation showed that Esme's total sales amount to 440 cedis. This problem demonstrates the practical application of basic arithmetic operations, such as multiplication and addition, in real-world scenarios. Understanding these calculations is crucial for anyone involved in sales, finance, or general money management. By following a step-by-step approach, we can solve similar problems accurately and efficiently. The process of breaking down a larger problem into smaller parts makes it easier to understand and reduces the likelihood of errors. This method can be applied to various financial calculations, making it a valuable skill.
This exercise also highlights the importance of accuracy in financial calculations. Even small errors in individual steps can lead to a significantly different final result. Therefore, it is essential to double-check each calculation to ensure that the final answer is correct. In Esme's case, a miscalculation in the value of any of the currency notes could have resulted in an inaccurate total sales figure. By meticulously calculating each component and then summing them together, we can be confident in the accuracy of our result. The skill of calculating total sales is not only useful in a business context but also in everyday personal finance situations, such as budgeting, tracking expenses, and managing income. Mastering these basic mathematical skills empowers individuals to make informed financial decisions and manage their resources effectively. Ultimately, understanding how to calculate total sales is a fundamental life skill that has broad applications and benefits. The ability to confidently perform these calculations can lead to better financial literacy and overall financial well-being.