Nicholas bought six times as much fabric as Kenneth. If Kenneth paid $40 for an oz of fabric and bought 700oz, calculate the amount of money that Nicholas paid more than Kenneth for the fabric he bought. Give me reasons, before answering the question
If Kenneth bought 700oz of fabric at $40 per oz, he spent a total of 700 * 40 = $28000. Nicholas bought six times as much fabric as Kenneth, meaning Nicholas bought 6 * 700 = 4200oz of fabric. If an oz of fabric is sold at $40, Nicholas paid 4200 * $40 = $168000 for the 4200oz of fabric. The amount of money that Nicholas paid more than Kenneth for the fabric he bought is $168000 - 28000 = $140000. So the final answer is 140000.