Question
Karen is looking for the best deal on a designer handbag that has a wholesale price of $429 . Help her compare the price of
Karen is looking for the best deal on a designer handbag that has a wholesale price of $429 . Help her compare the price of the handbag in different situations by completing the following. | |
(a) | Karen can buy the handbag from a distributor that does direct-to-customer sales. When selling directly to individual customers, this distributor marks up the wholesale price 80% . Ignoring tax, how much would Karen pay for the handbag if she gets it from this distributor? |
$ | |
(b) | Karen can also go to a boutique that she knows has thehandbag.This boutique gets it from a distributor who marks up the wholesale price 10% . Then the boutique marks it up by an additional 70% . Ignoring tax, how much would Karen pay for the handbag at this boutique? |
$ | |
(c) | Select the true statement. |
Karen would pay more for the handbag if she gets it directly from the distributor. | |
Karen would pay more for the handbag if she gets it at the boutique. | |
Karen would pay the same amount if she gets the handbag from the distributor or at the boutique. |
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