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11 answers

16 oz per pound - 7.35 x 16 = 117.60 per pound

117.60 x 78 = 9, 172.80

2006-11-07 17:23:23 · answer #1 · answered by Anonymous · 0 2

Ok....

There are 16 ounces in 1 pound (lbs)
Therefore if each bar weighed 78lbs they also weighed 1248 ounces (78 x 16).
If the price of silver is $7.35 an ounce then 7.35 x 1248 ounces = $9172.80

2006-11-07 17:28:17 · answer #2 · answered by Gillian H 1 · 1 2

(7.35) (78)= X X= price of each silver bar

so 7.35 times 78 lbs X= $573.30

hope this helped. for more assitance ask yahoo answers or go to www.purplemath.com

2006-11-07 22:59:29 · answer #3 · answered by trish the dish 3 · 0 2

1 pound = 16 ounces

78 Pounds times 16 = 1248 ounces

1248 x 7.35 = 91728.00

The price of the silver bar is $ 91728.00

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2006-11-07 23:26:09 · answer #4 · answered by SAMUEL D 7 · 1 1

This is a wicked question, but Gerry M has the right of it! Silver is measured in Avoirdupois pounds, but Troy ounces.
1 Avoirdupois pound = 14.583333333333 Troy ounces

78*14.58333*$7.35 = $8,360.62

78*14.58*$7.35 = $8,358.71

2006-11-07 18:04:41 · answer #5 · answered by Helmut 7 · 0 1

two possibilities:

1) avoirdupois ounce: 16 oz = 1pound

78lb x 16 oz/lb x $7.35/oz = $9,172.80

2) troy ounce: 12 0z = 1 pound (this is used in pharmacy and jewellery. This unit is the traditional measure for gold and other precious metals; in particular, the prices of gold and silver quoted in financial markets are the prices per troy ounce.)

78lb x 12 oz/lb x $7.35/oz = $6,879.60

2006-11-07 17:32:28 · answer #6 · answered by Anonymous · 0 2

price of silver per pound=$7.35*16
price of a bar of 78pounds=78*7.35*16=$9172.80

2006-11-07 17:34:02 · answer #7 · answered by raj 7 · 1 2

Precious metals are measured in "Troy Ounces"
There are 14.58 Troy Ounces in a pound.
14.58 x $7.35 x 78 = $8,358.71

2006-11-07 17:34:12 · answer #8 · answered by Anonymous · 1 1

16 ounces to a pound, therefore 16*7.35*78

2006-11-07 17:29:04 · answer #9 · answered by Sparky 2 · 0 3

78*16*7.35=$9172.80

2006-11-07 18:27:02 · answer #10 · answered by yupchagee 7 · 1 1

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