Violet Inc. and Melon Inc. are competing on a supply contract. Violet Inc.'s offer is $83,000, less 16% and 8%. Melon Inc.'s offer is $120,000 less 20% and 20%. a. Calculate the net price of Violet Inc.'s offer. Round to the nearest cent b. Calculate the net price of Melon Inc.'s offer. Round to the nearest cent c. What further discount should the highest bidder provide to match the lower bidder's offer? % Round to two decimal places

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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Violet Inc. and Melon Inc. are competing on a supply contract. Violet Inc.'s offer is
$83,000, less 16% and 8%. Melon Inc.'s offer is $120,000 less 20% and 20%.
a. Calculate the net price of Violet Inc.'s offer.
Round to the nearest cent
b. Calculate the net price of Melon Inc.'s offer.
Round to the nearest cent
c. What further discount should the highest bidder provide to match the lower bidder's
offer?
%
Round to two decimal places
Transcribed Image Text:Violet Inc. and Melon Inc. are competing on a supply contract. Violet Inc.'s offer is $83,000, less 16% and 8%. Melon Inc.'s offer is $120,000 less 20% and 20%. a. Calculate the net price of Violet Inc.'s offer. Round to the nearest cent b. Calculate the net price of Melon Inc.'s offer. Round to the nearest cent c. What further discount should the highest bidder provide to match the lower bidder's offer? % Round to two decimal places
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