<em><u>Explore Motors dealership has R7 million to spend and wants to buy equal numbers of the entry.</u></em>
Answer:
Therefore, Company B is offering the lowest price/lb at $12.73/lb.
So, Company A's price / lb = ($32.50/2.5lbs) = $13.00/lb
Step-by-step explanation:
To determine price per lb, divide dollar amount by lbs.
- Company A sells 2 1/2lbs (2.5lbs) for $32.50
- Company B sells 2 3/4lbs (2.75lbs) for $35.00
And, Company B's price / lb = ($35.00/2.75lbs) = $12.73/lb
Say the percentage increase is 25%. If you have the whole number of 30 then you would multiply 30 by .25. You should therefore get 7.5 once both are multiplied. That means you should add 7.5 to 30, and your final answer will be 37.5.