A total of 800 copies of a CD were sold 60% were sold at 50% discount 20% were sold at 30% discount and the remainder were sold at the full price of $8.95 what was the approximate total revenue in dollars
Answers
Answer:
4582.4
Step-by-step explanation:
Hi. The first step is you take 60 percent of 800 which is the CD copies(800 is the total no) which is 480. You then take 20 percent of 800 which is 160. So you will be having 480 CDs sold at 50 percent discount and 160 sold at 30 percent discount. Since the full price is 8.95 dollars, you take 50 percent of 8.95 which is 4.475 and subtract from 8.95 to get the discount price. You do the same for the 30 percent. To get the remainder, add 480 and 160 then subtract from 800 to get the CDs which were not sold at a discount price which is 160. You then multiply 480 by 4.475, 160 by 6.265 and 160 by 8.95 to get the total revenue which should be 4582.4 dollars. Hope I was of great help.
Answer:
approximate total revenue in dollars is $4580