Suppose a bakery purchases $400 in flour every month from Accorn Food Distributors. After some investigation, Accorn learns that the bakery purchases an additional $600 a month of flour from other vendors. The share of the customer held by Accorn is
A) 15 percent
B) 40 percent
C) 60 percent
D) 66 percent

Question

Quizplus · Accepted Answer

Suppose a bakery purchases $400 in flour every month from Accorn Food Distributors. After some investigation, Accorn learns that the bakery purchases an additional $600 a month of flour from other vendors. The share of the customer held by Accorn is 40 percent, which is calculated as the amount purchased from Accorn, $400, divided by the total spent each month, which is $1,000 (400+600).

Suppose a Bakery Purchases $400 in Flour Every Month from Accorn