Let s extend problem 3 to a 2 - day rather than a 1 - day
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Let ’ s extend problem 3 to a 2 - day rather than a 1 - day wallet sale. On the second day, the storekeeper decides to repeat his change - the - price - every - two - hours strategy, but he drops each price by 10% from its amount on the first day. His sales in each 2 - hour period on the second day are 50% higher than they were on the first day.
(a) Create a table just like the table in problem 3, except use numbers for the second day.
(b) Using the same assumption about overhead as in problem 3, how much money did the storekeeper make or lose on the second day?
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Related Book For
Understanding The Mathematics Of Personal Finance An Introduction To Financial Literacy
ISBN: 9780470497807
1st Edition
Authors: Lawrence N. Dworsky
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