Table 12-7
The Flying Elvis Copter Rides

-Refer to Table 12-7.What is the value of P?

Question

Table 12-7
The Flying Elvis Copter Rides
 
-Refer to Table 12-7.What is the value of P?

Quizplus · Accepted Answer

The value of P is equal to the sum of all the prices listed in the "Price" column. P = $50 + $60 + $30 + $60 + $60 + $40 = $300. However, there is a 30% commission charged on the sales, so the total amount earned by the company is P' = $300 - 0.3($300) = $210. The best choice(s) would be B, since it is the only option that is less than or equal to the total amount earned by the company.

Table 12-7 The Flying Elvis Copter Rides