The correct option is
B $140,000
Say:
∙ Estimation is approximating the given value to make the calculation easier.
∙ Round off the given numbers to the nearest hundred.
Steps:
∙ How many red bags are there?
Ans: 775
∙ What is the estimated value of 775?
Ans: 800 (WB1)
∙ What is the cost of each red bag?
Ans:
$92
∙ What is the estimated value of 92?
Ans: 100 (WB1)
∙ What is the total estimated cost of red bags?
Ans:
800×$100=$80,000 (WB2)
∙ How many blue bags are there?
Ans: 645
∙ What is the estimated value of 645?
Ans: 600 (WB3)
∙ What is the cost of each blue bag?
Ans:
$95
∙ What is the estimated value of 95?
Ans: 100 (WB3)
∙ What is the total estimated cost of blue bags?
Ans:
600×$100=$60,000 (WB4)
∙ What is the total estimated cost of red and blue bags?
Ans:
$80,000+$60,000=$140,000 (WB5)
WB1:
WB2:
WB3:
WB4:
WB5: