Laura is looking for the best deal on a king-size mattress
Laura is looking for the best deal on a king-size mattress that has
a wholesale price of $339. Help her compare the price of the mattress in different situations by completing the following.
(a) Laura can go to a specialty store that she knows has the mattress. This specialty store gets it from a distributor who marks up the wholesale price $20. Then the specialty store marks it up by an additional $50 . Ignoring tax, how much would Laura pay for the mattress at this specialty store?
(b) Laura can also buy the mattress from a distributor that does direct-to-customer sales. When selling directly to individual customers, this distributor marks up the wholesale price $70 . Ignoring tax, how much would Laura pay for the mattress if she gets it from this distributor?