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maw [93]
3 years ago
9

A certain manufacturer sells a television for $170. One online retailer has a standard markup of 27% and charges an additional 1

5% to its customers for shipping and tax. A nearby superstore has a standard markup of 34% and charges state tax at 9.5%.
(a) What is the price of the TV when purchased online?

(b) What is the price of the TV when purchased at the superstore?

(c) At which location would you buy the TV and why?
Please help its due today
Mathematics
1 answer:
blondinia [14]3 years ago
6 0

Answer:

(a) $248.285

(b) $249.441

(c) I will prefer to buy the television from online store.

Step-by-step explanation:

The manufacturing price of a television is $170.

(a) The online retailer charges a standard makeup of 27% and an additional 15% charge for shipping and tax.

Therefore the final price will be $[170(1+\frac{27}{100})](1+\frac{15}{100} )

= $(170 × 1.27 × 1.15)

= $248.285

(b) Now, the superstore has makeup of 34% and then 9.5% charges for state tax.

So, the final price becomes $[170(1+\frac{34}{100} )](1+\frac{9.5}{100})

= $(170 × 1.34 × 1.095)

= $249.441

(c) So, I will prefer to buy the television from the online store because the final price is less and also the shipping charges are included in the final price. (Answer)

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Dafna11 [192]

We have been given that Anil borrows $80 000 to buy a business.  The bank gives him a loan, with an interest rate of 2% each year. We are asked to find the total amount paid back by Anil to bank after 10 years.

We will use simple interest formula to solve our given problem.

A=P(1+rt), where,

A = Final amount,

P = Principal amount,

r = Annual interest rate in decimal form,

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Let us convert 2% into decimal.

2\%=\frac{2}{100}=0.02

We have P=\$80,000 and t=10, so we will get:

A=\$80000\left(1+0.02\cdot 10\right)

A=\$80000(1+0.2)

A=\$80000(1.2)

A=\$96,000

Therefore, Anil will pay \$96,000 to the bank after 10 years.

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