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Volume and Value Estimate: It is easy to make your own \"maple syrup\"-4 cups wh

ID: 287040 • Letter: V

Question

Volume and Value Estimate: It is easy to make your own "maple syrup"-4 cups white sugar, ½ cup brown sugar, 2 ½ cups water. Stir together. Boil for 10 minutes. Add 1 tspn of Mapleine - Maple extract. Mapeline costs $5 for a 2 oz bottle. You can buy a gallon of maple extract for $80. If you make syrup once a month, how long will the 2 oz. bottle last you? How long will the gallon last you? How long does it take for the gallon to pay for itself (instead of buying 2 oz. bottles)? If you live expect to make syrup for 50 years, was buying the gallon a good idea or not? 2oz lasts Gallon pays for itself in Bonus Question Figure out a technique to measure your own body volume. Then go and measure or get an estimate for it. Your Technique: Your personal body volume 2. gallon lasts Good Idea to buy the gallon?

Explanation / Answer

We need 1 tspn of mapeline or maple extract for making the syrup once.

1 US tspn = 0.167 oz = 0.0013 gallon

Since we are preparing the syrup once a month, we use 0.167 oz of mapeline or 0.0013 gallon of maple extract per month.

Therefore, a 2 oz bottle will last, = 2/ 0.167 = 12 months = 1 year

and a gallon od maple extract will last, = 1/ 0.0013 =768 months = 64 years

You can buy a 2 oz bottle (80/5) = 16 times at the price of a gallon of maple extract.

Therefore, the gallon of maple extract will pay itself in 16 years.

Yes, therefore, buying a gallon is definitely a good idea since we expect to make syrup for next 50 years (which is more than 16).

Bonus Answer:

The best way to measure the volume of a body is by immersing it in water and measuring the displaced water. So go ahead and fill your bathtub completely. Measure the water filled in terms of liters and then get yourself in. After immersing yourself completely, slowly come out. Now the volume of water spilled out is your body volume. So to measure it calculate the volume of water remaining in the tub and subtract it by initial volume.

If you find this method too complicated, then use the average approximation where an average value of 0.985 kilograms per liter is taken as the human body density. Using this value, calculate the volume,

V = weight / density

if you weigh say a 60 Kgs then the volume would be, V = 60/ 0.985 = 60.91 Liters

Remember that this will be a crude method as the body density of every individual varies.