Amanda is looking for the best deal on a king-size mattress that has a wholesale price of$359.
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Question:
Amanda is looking for the best deal on a king-size mattress that has a wholesale price of$359.
(a)Amanda can go to a specialty store that she knows has themattress.This specialty store gets it from a distributor who marks up the wholesale price20%. Then the specialty store marks it up by an additional30%. Ignoring tax, how much would Amanda pay for the mattress at this specialty store?
(b)Amanda can also buy the mattress from a distributor that does direct-to-customer sales. When selling directly to individual customers, this distributor marks up the wholesale price50%. Ignoring tax, how much would Amanda pay for the mattress if she gets it from this distributor?
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