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Ruben Santos obtained price quotations on rugs from two firms. ABC Company offers a certain type of rug for P3,825 less 40%. BCD Company offers

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Ruben Santos obtained price quotations on rugs from two firms. ABC Company offers a certain type of rug for P3,825 less 40%. BCD Company offers the same rug for P3,375 less 33%. a. What is the invoice price if the rug is purchased from ABC Company? (show computation) b. What is the invoice price if the rug is purchased from BCD Company? (show computation) c. Which firm makes the better offer? d. By how much better? (show computation)

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