Question

You have been asked to analyze the bids for 200 polished disks used in solar panels. These bids have been submitted by three​ suppliers: Thailand Polishing​, India Shine​, and Sacramento Glow. Thailand Polishing has submitted a bid of 2 comma 400 baht. India Shine has submitted a bid of 2 comma 400 rupee. Sacramento Glow has submitted a bid of $ 240. You check with your local bank and find that​ $1 = 10 baht and​ $1 = 8 rupee. The price per unit for Thailand Polishingequals​$ nothing. ​(Enter your response rounded to the nearest​ penny.) The price per unit for India Shineequals​$ nothing. ​(Enter your response rounded to the nearest​ penny.) The price per unit for Sacramento Glowequals​$ nothing. ​(Enter your response rounded to the nearest​ penny.)

Answer 1

Answer:

Per unit bid by Thailand Polishing in dollars = $1.2

The price per unit for India Shine in dollars = $1.5

The price per unit for Sacramento Glow = $1.2

Explanation:

Number of units of polished disks = 200

Bid by Thailand Polishing​ = 2,400 baht

Bid by India Shine = 2,400 rupees

Bid by Sacramento Glow = $240

Now,

Per unit bid by Thailand Polishing​ = $\frac{2400}{200}$ = 12 baht

Since, $1 = 10 baht

or

1 baht = $0.1

Therefore,

Per unit bid by Thailand Polishing in dollars = 12 × 0.1 = $1.2

The price per unit for India Shine = $\frac{2400}{200}$ = 12 rupees

also,

$1 = 8 rupee

or

1 rupee = $0.125

Therefore,

The price per unit for India Shine in dollars = 12 × 0.125 = $1.5

The price per unit for Sacramento Glow = $\frac{240}{200}$ = $1.2