Lynn and Kim own two competing convenience stores. Both of them purchase a similar shipment of chocolate bars for $2,800.00 every month to sell at their stores. Lynn has a rate of markup of 45.00% on cost of her chocolate bars and Kim has a rate of markup of 30.00% on selling price of her chocolate bars. a. Which store sells the shipment of chocolate bars for a cheaper price? b. How much cheaper are the chocolate bars? rount to 2 dermical places.
Lynn and Kim own two competing convenience stores. Both of them purchase a similar shipment of chocolate bars for $2,800.00 every month to sell at their stores. Lynn has a rate of markup of 45.00% on cost of her chocolate bars and Kim has a rate of markup of 30.00% on selling price of her chocolate bars. a. Which store sells the shipment of chocolate bars for a cheaper price? b. How much cheaper are the chocolate bars? rount to 2 dermical places.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Lynn and Kim own two competing convenience stores. Both of them purchase a similar shipment of chocolate bars for $2,800.00 every month to sell at their stores. Lynn has a rate of markup of 45.00% on cost of her chocolate bars and Kim has a rate of markup of 30.00% on selling price of her chocolate bars.
a. Which store sells the shipment of chocolate bars for a cheaper price?
b. How much cheaper are the chocolate bars?
rount to 2 dermical places.
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