It is given in the question that
Anna buys 12 pens and 20 pencils for a total cost of $16. One pen costs $0.40 more than a pencil.
Let the cost of pencil is $ x .
Therefore cost of pen is
According to the question
Distributing 12 and combining like terms, we will get
Therefore cost of pencil is $0.35 and cost of pen is
<u>Answer:</u>
A. $33,333.33
<u>Step-by-step explanation:</u>
This is the amount which the owner should have had at the time of loss:
80% of $90,000 = $72,000
But instead of $72,000, the owner had only $40,000.
It means that the owner had maintained of the totoal amount of insurance he should have had.
Therefore, the company will pay of the amount of loss.
The correct answer option is A. $33,333.33.