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A furniture store purchased sofas for a wholesale price of $
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06 Dec 2019, 10:54
06 Dec 2019, 10:54
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48% (01:38) correct
52% (02:00) wrong based on 100 sessions
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A furniture store-purchased sofas for a wholesale price of $400 each and sold most of them for a retail price of $560 each. In a summer sale, the retail price of the last few sofas was reduced by x dollars, and they were sold at this reduced price. The store's profit form selling the last sofa was more than 15 percent of its wholesale price. Which of the following could be the value of x?
Indicate all such values.
A. 50
B. 75
C. 100
D. 125
Kudos for the right answer and explanation
Indicate all such values.
A. 50
B. 75
C. 100
D. 125
Kudos for the right answer and explanation
Re: A furniture store purchased sofas for a wholesale price of $
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08 Dec 2019, 21:42
08 Dec 2019, 21:42
4
There's a lot going on in this question so let's break it down into raw data.
$400 is the cost of the couch whole-sale price.
$560 is the price that's sold at.
When discounted off of X dollars, the price is MORE THAN 15% of the wholesale price. Find X.
I started off by finding 15% of 400, which is 60.
To find how much profit was made off of each couch, add the 15% (60) to the wholesale price of 400, and then subtract that from the retail (undiscounted) price.
560 - (400+60)= 100.
The store made a profit of $100 per couch with the discount. This means that x < 100.
Answers A. 50 and B. 75 are both less than 100.
A and B are correct.
$400 is the cost of the couch whole-sale price.
$560 is the price that's sold at.
When discounted off of X dollars, the price is MORE THAN 15% of the wholesale price. Find X.
I started off by finding 15% of 400, which is 60.
To find how much profit was made off of each couch, add the 15% (60) to the wholesale price of 400, and then subtract that from the retail (undiscounted) price.
560 - (400+60)= 100.
The store made a profit of $100 per couch with the discount. This means that x < 100.
Answers A. 50 and B. 75 are both less than 100.
A and B are correct.
Re: A furniture store purchased sofas for a wholesale price of $
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Updated on: 05 Jul 2020, 14:06
Updated on: 05 Jul 2020, 14:06
1
I don't know much about math , but I think the correct answer is b.75 . right?
if we are talking about furniture. we just spend so much time in bed and don’t even think about how it can affect our health. I think to buy an adjustable bed and choose between 2 models and I just can’t decide. each is good in its own way. in general I learned a lot about adjustable beds and mattresses from the bedroom.solutions blog. everything is described with details and in plain language so you won't have to search for more information
if we are talking about furniture. we just spend so much time in bed and don’t even think about how it can affect our health. I think to buy an adjustable bed and choose between 2 models and I just can’t decide. each is good in its own way. in general I learned a lot about adjustable beds and mattresses from the bedroom.solutions blog. everything is described with details and in plain language so you won't have to search for more information
Originally posted by manningliam on 03 Jul 2020, 01:37.
Last edited by manningliam on 05 Jul 2020, 14:06, edited 2 times in total.
Last edited by manningliam on 05 Jul 2020, 14:06, edited 2 times in total.
