Answer:
A: Price of TV, when purchased online=$1120.5
Price of TV, when purchased at the superstore=$1203.5
B: Difference= $83.
Step-by-step explanation:
We have been given that a TCL 6 series 2018 Roku TV can be purchased from the manufacturer for $830. A certain online retailer has a standard markup of 35%, and a certain superstore has a standard markup of 45%.
A: Let us find price of TV, when purchased online.
[tex]\text{Price of TV, when purchased online}=\text{Manufacturing price+ Mark up of 35 percent}[/tex]
[tex]\text{Price of TV, when purchased online}=830+ 830*\frac{35}{100}[/tex]
[tex]\text{Price of TV, when purchased online}=830+ 830*0.35[/tex]
[tex]\text{Price of TV, when purchased online}=830+ 290.5[/tex]
[tex]\text{Price of TV, when purchased online}=1120.5[/tex]
Therefore, the price of TV, when purchased online is $1120.5.
Now let us find price of TV, when purchased at superstore.
[tex]\text{Price of TV, when purchased at the superstore}=\text{Manufacturing price+ Mark up of 45 percent}[/tex]
[tex]\text{Price of TV, when purchased at store}=830+830*\frac{45}{100}[/tex]
[tex]\text{Price of TV, when purchased at the superstore}=830+830*0.45[/tex]
[tex]\text{Price of TV, when purchased at the superstore}=830+373.5[/tex]
[tex]\text{Price of TV, when purchased at the superstore}=1203.5[/tex]
Therefore, the price of TV, when purchased at the superstore is $1203.5.
B: Now let us subtract 1120.5 from 1203.5 to find difference between the prices at the superstore and online.
[tex]\text{Difference of prices}=1203.5-1120.5[/tex]
[tex]\text{Difference of prices}=83[/tex]
Since 45% markup is greater than 35% of markup, therefore, price of TCL 6 series TV is $83 greater while buying from superstar than buying online.
