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nalin [4]
2 years ago
13

Dima called her friend to tell her that she saved 30% on her new skirt at a discount store. Her friend told her that she could h

ave gotten a better deal at a different store that was advertising a sale of One-third off all clothing. If the original price of Dima’s skirt was $54, how much more could she have saved at the store her friend suggested?
A. $1.11
B. $1.80
C. $36.00
D. $37.80
Business
1 answer:
FromTheMoon [43]2 years ago
6 0

If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.

Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.

Original price: $54

Discount rate: 30%

$54 x 30% = $16.20 value of the discount

$54 - 16.20 = $37.80 discounted price.

Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%

$54 x 33.33%  = $17.99 value of the discount

$54 - 17.99 = $36.00 discounted price.

Discount store: $37.80

Different store: $36.00

The different store sales price is cheaper by $1.80

Therefore, she could have saved $1.80 at the store her friend suggested.

To know more about discount rate refer to:  brainly.com/question/13660799

#SPJ1

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Develop an Excel worksheet simulation for the following problem. The management of Paragon Household Products is considering the
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<h2><u>Disclamer:</u></h2>

As it ask to run simulations the values calculates will difer even if you follow the same step as I did.

Answer:

Mean Profit:  $ 4,295  

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As the product has a mean profit it will on average generate gains

but:  

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<u>we should not invest on the product as it is to variable</u>

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FOr the complexity I attached the excel file as the plataform interface cannot handle large tables.

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Answer:

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Less: Fixed manufacturing cost               598,000

Less: Fixed selling and admin cost          320,000

Net Income                                            2,640,260.87

<em>(W1) Cost of goods sold</em>

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Variable selling cost                            600,000

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Answer:

Results are below.

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