[cher22b]

In business, it is always important to get the best deal. Your employer has asked you to research prices of new tires for the company’s truck fleet. Truck Zone has a special sale on tires, with a normal sales price of $85 per tire. However, with this special sale, you can purchase two tires for $157.50.


1.How much does each tire cost at the sales price of $157.50 for buying two tires at a time?
◦How did you use fractions when calculating the cost of one tire? Explain.
◦How much can you save per tire and overall by purchasing two tires at the sales price?
2.After saving your company money by purchasing the tires on sale, the company had leftover profits of $2,875 for the first week of business. The company plans to divide the profits as follows:
◦1/4 of the profits will go in your savings account.
◦3/5 of the profits will go back into the company.
◦The first week’s employee wages paid out of the profits are $600.
3.Answer the following questions based on the division of the profits:
◦a. How much in dollars goes into the savings account?
◦b. How much in dollars goes back into the company?
◦c. After the division of the profits into the savings and back into the company, was there enough left over to pay the first week’s wages? Explain.

[Wondergirl]

Don't confuse yourself by looking at the whole thing. Tackle one problem at a time. It's just fractions and basic math.