One Dozen Precious Metal Cubes: A Problem Involving Geometry, Chemistry, and Finance (Solution Provided, with Pictures)

RobertLovesPi.net

The troy ounce is a unit of mass, not weight, and is used exclusively for four precious metals. At this time, the prices per troy ounce, according to this source for current precious metal prices, for these four elements, are:

  • Gold, $1,094
  • Palladium, $600
  • Platinum, $965
  • Silver, $14.82

(As a side note, it is rare for platinum to have a lower price per troy ounce than gold, as is now the case. I would explain the reasons this is happening, except for one problem: I don’t understand the reasons, myself, well enough to do so. Yet.)

A troy ounce equals 31.1034768 grams, but, for most purposes, 31.103 g, or even 31.1 g, works just fine.

Also, as you can see here, these “troy elements” are all in one part of the periodic table. This is related to the numerous similarities in these elements’ physical and chemical properties, which is itself…

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