Multiplication with Money: Calculate Total Cost of 100 Chip Packets at $0.50 Each

To solve this problem, we need to calculate the total cost paid by the teacher for the packets of potato chips. Here's how we approach it:

• Step 1: Identify the given information:
• Each packet costs $0.5$ dollars.
• There are 100 packets required.
• Step 2: Determine the total cost:

We use the formula for total cost:

$\text{Total Cost} = \text{Cost per Packet} \times \text{Number of Packets}$

Substitute the given values into the formula:

$\text{Total Cost} = 0.5 \times 100$

Perform the calculation:

$\text{Total Cost} = 50$

Therefore, the teacher paid a total of $50$ dollars for all the packets of potato chips.