How to Calculate the Cost of a Nail?
Understanding the Cost Calculation
When faced with a scenario where the combined cost of a hammer and a nail is provided along with the information that the hammer costs a certain amount more than the nail, it is important to analyze the given data logically.
Setting up an Equation: To calculate the cost of the nail, we first need to determine the cost of the hammer relative to the nail. In this case, the hammer costs $30 more than the nail, which allows us to express the cost of the hammer as x + $30.
Understanding the Total Cost: With the total cost of the hammer and the nail given as $31, we formulate an equation equating the sum of the individual costs to the total cost.
Solving the Equation: By solving the equation systematically, we isolate the variable representing the cost of the nail, which turns out to be $1.
By following these steps and breaking down the problem logically, we arrive at the accurate cost of the nail, showcasing the importance of systematic problem-solving skills in mathematical scenarios.