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Rachel is looking for the best deal on a king-size mattress that has a wholesale price of $459. Help her compare the price of the
Rachel is looking for the best deal on a king-size mattress that has a wholesale price of $459. Help her compare the price of the mattress in different situations by completing the following.
(a) Rachel can go to a specialty store that she knows has the mattress. This specialty store gets it from a distributor who marks up the wholesale price 20%. Then the specialty store marks it up by an additional 60%. Ignoring tax, how much would Rachel pay for the mattress at this specialty store?
(b) | Rachel 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 price 80% . Ignoring tax, how much would Rachel pay for the mattress if she gets it from this distributor? | |
$ | ||
(c) | Select the true statement. | |
Rachel would pay less for the mattress if she gets it at the specialty store. | ||
Rachel would pay less for the mattress if she gets it directly from the distributor. | ||
Rachel would pay the same amount if she gets the mattress from the distributor or at the specialty store. |
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